Why RedStone?

Decentralized Finance (DeFi) relies on oracles to function, and RedStone is at the forefront of the oracle revolution. Oracles supply accurate price data to smart contracts, enabling lending, borrowing, and trading across blockchains. In 2024, RedStone rapidly expanded, securing over 100 new clients and integrating with more than 30 blockchain networks. It introduced the first oracles for Liquid Staking Tokens (LSTs), Liquid Restaking Tokens (LRTs), Bitcoin staking, yield-bearing stablecoins, and more.

As RedStone continues its growth in 2025, it is disrupting the oracle space by offering cutting-edge solutions that outcompete traditional players. With Binance Launchpool introducing the $RED token, users now have the opportunity to farm this game-changing token by staking BNB and FDUSD.

What is $RED?

$RED is the upcoming token that will power the RedStone oracle network. It will serve as the foundation for decentralizing and securing RedStone’s oracle infrastructure. The tokenomics of $RED are designed for long-term sustainability, utilizing EigenLayer’s innovative staking mechanism.

Key Features of $RED:

  • A strict distribution and locking schedule, ensuring no team or VC tokens are liquid in the first 12 months post-TGE. Unlocks will occur slowly and strategically.

  • Staking rewards through EigenLayer, contributing to enhanced security and decentralization.

  • A token model designed for sustainable growth and ecosystem expansion.

Why RedStone Stands Out

  1. Unmatched Security – RedStone has never been manipulated or failed in production, consistently providing the most accurate and reliable data.

  2. Scalability – The modular architecture enables support for any asset, on any chain, for any application.

  3. First-Mover Advantage – RedStone leads in oracles for emerging DeFi assets like LSTs, LRTs, and yield-bearing stablecoins.

  4. Industry Partnerships – Collaborations with Spark, BeraChain, and other top DeFi protocols.

  5. Rapid Growth – Fastest-growing oracle in 2024, increasing clients by 500%.

  6. Upcoming $RED Token – With pre-market trading already emerging, anticipation for the official TGE is high.

How to Farm $RED via Binance Launchpool

Binance Launchpool allows users to stake BNB and FDUSD to farm newly launched tokens before they are listed on the exchange. Follow these steps to farm $RED:

Step 1: Log into Your Binance Account

  • If you don’t have a Binance account, register at Binance.com and complete identity verification.

Step 2: Fund Your Account with BNB or FDUSD

  • Deposit or purchase BNB (Binance Coin) or FDUSD (First Digital USD) through Binance Spot Trading or other supported methods.

Step 3: Access Binance Launchpool

  1. Navigate to the Binance Earn section.

  2. Select Launchpool from the list.

  3. Locate the $RED Farming Pool.

Step 4: Stake BNB or FDUSD

  • Choose between the BNB Pool or FDUSD Pool (or both for maximum rewards).

  • Enter the amount you want to stake and confirm.

  • Staking starts immediately, and rewards begin accumulating.

Step 5: Track Your Rewards

  • Check your accumulated $RED tokens in the Launchpool section.

  • Rewards are distributed periodically.

  • You can unstake your assets at any time without penalties.

Step 6: Claim & Trade Your $RED Tokens

  • Once the farming period ends, Binance will list $RED for trading.

  • You can claim and transfer $RED to your Spot Wallet.

  • Trade $RED on Binance or hold it for long-term staking and governance participation.

Final Thoughts

RedStone is shaping the future of blockchain oracles, and $RED is poised to be a major player in the space. With its rapid adoption, first-to-market innovations, and upcoming TGE, farming $RED through Binance Launchpool is a great opportunity to be part of the next big oracle revolution.

Don’t miss out – stake your BNB and FDUSD today and start earning $RED!

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