๐ Hey Binancians!
Good news! Binance has just announced the 64th project on Binance Launchpool, RedStone (RED)! ๐ Let's dive into this cool project so you don't miss any important info!
๐ฅ Why RedStone?
As we know, DeFi would not work without Oracle. All protocols, blockchains, and asset issuers need oracles. That's why oracles are a very important element in the DeFi world that can be worth billions of dollars! ๐ธ
Well, in 2024, RedStone is here as a newcomer who immediately steals attention! ๐
They pioneered the first oracle for LSTs, LRTs, BTC staking, yield bearing stablecoins, and more! In fact, RedStone has successfully shaken up the oracle sector and climbed to the top 3 oracles in the market! ๐ฒ
Whatโs even crazier is that RedStone is the only top 3 oracle that doesnโt have a token yet. But they are on the move towards TGE, and $RED pre-market trading has started to appear on major exchanges. The good news is that Binance is the first platform to list the RedStone token! ๐
โ What is RedStone?
RedStone is a multichain oracle that supports all EVM and non-EVM chains. The upcoming $RED token will be the foundation for the RedStone oracle network. As RedStone grows, RED will help secure and decentralize RedStone oracles. ๐
What's more unique is that RED will introduce super sustainable oracle tokenomics with an innovative staking mechanism that uses EigenLayer.
๐ What Makes RedStone Unique?
1. Best Security ๐: RedStone provides super secure data that has never been manipulated or failed in production!
2. Most Scalable Technology โ๏ธ: RedStone's modular architecture can support any asset, on any chain, for any application!
3. Best Support ๐ค: They create custom price feeds for clients, including for LSTs, LRTs, BTC staking, yield bearing stablecoins, and more!
๐ RedStone's Latest Achievements
๐ฅ Partner with Spark
๐ฅ Become the largest oracle provider on BeraChain
๐ฅ Fastest growing Oracle in 2024
๐ฅ First Oracle released on EigenLayer AVS
๐ How to Get RedStone (RED) Tokens
It's so easy! You can join Binance Launchpool!
For those who don't know about Binance Launchpool, you can check here ๐Binance Launchpool Guide
๐ Detail RED Launchpool:
Nama Token: RedStone (RED)
Total Supply: 1.000.000.000 RED
Launchpool Prize: 40,000,000 RED (4% of total supply)
Initial Circulating Supply: 280,000,000 RED (28% of total supply)
Smart Contract: Jaringan Ethereum (0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de)
๐ Supported Pools:
โ How to Join Binance Launchpool :
1. Set up a Binance Account ๐
Make sure your Binance account is verified!
2. Select Launchpool Feature ๐
3. Lock BNB, FDUSD, or USDC ๐
You can choose the appropriate pool at the following link:
๐ Important Dates to Remember:
Farming Period: February 26, 2025 (00:00 UTC) โ February 27, 2025 (23:59 UTC)
Pre-Market: February 28, 2025 (10:00 UTC)
๐ฌ Want to Discuss Further?
Come join the Binance Academy Indonesia Telegram group and discuss with the community!
๐ https://bit.ly/BinanceAcademyIndonesia ๐
๐ฅ Don't miss this golden opportunity, Binancians! Let's get ready to farm and get RedStone (RED) tokens now! ๐
