RedStone offers scalable, on-demand data solutions optimized for DeFi applications, aiming to reduce gas costs and enhance efficiency. Its modular architecture supports over 60 blockchain networks, including Ethereum, Solana, Arbitrum, and Avalanche. The RED token plays a crucial role in decentralizing RedStone's oracle infrastructure, providing economic security through staking mechanisms for data providers and token holders.
Pre-Market Trading:
Following the farming period, RED will be listed on Binance's Pre-Market on February 28, 2025, at 10:00 UTC. To manage initial volatility, Binance will implement an "upward circuit breaker mechanism," capping the maximum trading price to a predefined percentage above the initial listing price for the first 72 hours. Additionally, there's a maximum holding limit of 5,000 RED per trader during this period.