Binance has introduced RedStone (RED) as the 64th project on its Launchpool platform. RedStone is a multi-chain oracle compatible with both EVM and non-EVM chains. Users can stake their BNB, TUSD, and FDUSD tokens into separate pools to earn RED tokens over a 30-day period, starting from February 26, 2025. Additionally, Binance has implemented an upward circuit breaker mechanism for its Pre-Market to enhance trading stability. Binance
How to Participate:
Account Verification: Ensure your Binance account is verified.
Eligible Tokens: You can stake BNB, TUSD, or FDUSD tokens.
Staking Process: Visit the Binance Launchpool page, select the RedStone (RED) pool, and choose the token you wish to stake.
Earning Rewards: Once staked, you'll start earning RED tokens, which are distributed daily based on your share of the pool.
Important Notes:
Minimum Amount: The minimum amount to stake is 0.01 tokens.
Eligibility: Some regions may have restrictions. Ensure your country is eligible to participate. Binance
Unstaking: You can unstake your tokens at any time.
This initiative offers a great opportunity to earn RED tokens by staking your existing assets. Always ensure you understand the terms and stay updated with Binance announcements for any changes.
#Launchpool #Binance #BinanceLaunchpoolRED #Market_Update #annoucement
$FDUSD $BNB $USDC
