š Binance Launchpool Welcomes RedStone (RED)! š
Binance is thrilled to announce its 64th Launchpool project: RedStone (RED) ā a game-changing multi-chain oracle enhancing data availability across both EVM and non-EVM blockchains! Starting February 26, 2025, at 00:00 UTC, you can stake BNB, FDUSD, or USDC to farm RED tokens over a two-day period. š±
Pre-market trading for the RED/USDT pair kicks off on February 28, 2025, at 10:00 AM UTC, featuring an upward circuit breaker mechanism to manage initial volatility. Binance reminds users that itās the first platform to list RED, so stay alert and beware of potential scams. š”ļø
š Why RedStone?
Founded in 2021, RedStone brings next-level efficiency, reliability, and scalability to oracle services ā especially for Decentralized Finance (DeFi). By offering scalable, pull-based data solutions, RedStone keeps gas costs low and ensures seamless integration across multiple blockchains. š”
š Tokenomics at a Glance:
š§± Total Supply: 1 billion RED tokens
š Launchpool Allocation: 40 million RED tokens (4% of total supply)
š Initial Circulating Supply: 28% upon Binance listing
š° How to Participate:
1ļøā£ Access Binance Launchpool: Log in to your verified Binance account.
2ļøā£ Navigate to Launchpool: Head to the Binance Launchpool page and select RedStone (RED).
3ļøā£ Stake Your Assets: Choose to stake BNB, FDUSD, or USDC.
4ļøā£ Earn Rewards: Start farming those RED tokens instantly! š
šø Current Staking Asset Prices:
š BNB: $621.67 USD
šŖ FDUSD: $0.999438 USD
šµ USDC: $0.999903 USD
š° Stay Informed:
To make the most of this incredible opportunity, keep an eye on Binanceās official announcements and ensure your account meets all eligibility requirements. The crypto world moves fast ā stay ready, stay informed, and grab those gains! š„
š± Get ready to farm RED tokens and shape the future of Decentralized Finance with RedStone and Binance Launchpool! š