If you're into crypto, you know how important oracles are for feeding real-world data into blockchains. But most traditional oracles are expensive and inefficient. That’s where RedStone (RED) comes in.
Now, RedStone is getting its big moment—it’s officially launching on Binance Launchpool, giving users a chance to farm RED tokens before public trading begins. If you’re looking to get in early on a promising project, this might be one to watch.
➺ What is RedStone?
RedStone is a next-generation blockchain oracle designed to provide fast, low-cost, and customizable data feeds for DeFi, GameFi, and Layer 2 networks. Unlike traditional oracles that constantly push data on-chain (which can be slow and expensive), RedStone works on a pull-based model. This means smart contracts request only the data they need, reducing costs and congestion.
Another big advantage? RedStone supports over 70 blockchains, including Ethereum, Arbitrum, Polygon, and even non-EVM chains. This makes it super flexible and useful across different blockchain ecosystems.
➺ How to Farm RED Tokens on Binance Launchpool
If you want to earn RED tokens before they hit the market, Binance Launchpool is your chance.
Launchpool Details
Start Date: February 26, 2025 (00:00 UTC)
End Date: February 27, 2025 (23:59 UTC)
Total Rewards: 40 million RED tokens (4% of total supply)
How to Participate: Stake $BNB , $FDUSD , or $USDC and earn RED tokens
Reward Breakdown
BNB stakers get 80% of the rewards
FDUSD & USDC stakers each get 10%
It’s a simple way to earn some RED without actually buying it—just stake and let your rewards accumulate.
➺ When Will RedStone Be Listed on Binance?
After the Launchpool event, RedStone (RED) will be listed on Binance on February 28, 2025, at 10:00 UTC.
To prevent crazy price swings right away, Binance will introduce a circuit breaker for the first 72 hours of trading:
Day 1: Max price limit at 200% of the opening price
Day 2: Limit increases to 300%
Day 3: Limit rises to 400%
After this period, regular trading will take over.
➺ How RedStone Plans to Distribute Its Tokens
RedStone has a total supply of 1 billion RED tokens, with 280 million (28%) circulating at launch. Here’s how they’re distributing the rest:
48.3% goes to the community & ecosystem (staking, rewards, etc.)
20% for the core team & contributors
31.7% for early investors & supporters
This setup ensures that most of the tokens go towards community growth, rather than just early investors or the team.
➺ How to Get Started with RedStone on Binance Launchpool
Want to farm some RED tokens? Here’s how:
1. Log in to your Binance account.
2. Go to the Launchpool section.
3. Choose a staking pool (BNB, FDUSD, or USDC).
4. Stake your tokens and start earning RED rewards.
5. Withdraw anytime—no lock-up required!
It’s that simple.
➺ Final Thoughts
RedStone is solving a real problem in crypto—making oracles more efficient and cost-effective. With its multi-chain compatibility and innovative pull-based model, it has the potential to become a major player in the blockchain data space.
By joining Binance Launchpool, you’re not just earning free RED tokens—you’re getting in early on a project that could reshape how data flows into Web3 applications.
Will RedStone live up to the hype? Only time will tell, but this is definitely one project worth keeping an eye on.
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