RedStone is a modular blockchain oracle that aims to provide customizable, low-cost, and secure data feeds for Web3 and DeFi applications.
It offers multiple data models that gather information from various sources, including cryptocurrency exchanges and other blockchain networks.
RedStone leverages the EigenLayer protocol to increase security, ensure data accuracy, and prevent manipulation.
RedStone’s oracle services are useful in many areas of DeFi and blockchain applications, including lending, trading, staking, and yield farming.