Why RedStone?
Decentralized Finance (DeFi) thrives on accurate, real-time data, and RedStone is leading the oracle revolution. Oracles serve as the backbone of DeFi by supplying precise price feeds to smart contracts, enabling seamless lending, borrowing, and trading across blockchains. In 2024, RedStone experienced explosive growth, onboarding over 100 new clients and integrating with 30+ blockchain networks. As the first to provide oracles for Liquid Staking Tokens (LSTs), Liquid Restaking Tokens (LRTs), Bitcoin staking, yield-bearing stablecoins, and more, RedStone is pushing the boundaries of blockchain innovation.
As we enter 2025, RedStone continues to redefine the oracle landscape, offering cutting-edge solutions that outperform legacy providers. With Binance Launchpool introducing the $RED token, users now have an opportunity to farm this revolutionary asset by staking BNB and FDUSD.
What is $RED?
$RED is the native token powering the RedStone oracle network, designed to decentralize and secure its infrastructure. Built with long-term sustainability in mind, $RED utilizes EigenLayer’s innovative staking mechanism to enhance security and incentivize participation.
Key Features of $RED:
Sustainable Tokenomics – A strict distribution and locking schedule ensures no team or VC tokens are liquid in the first 12 months post-TGE, with gradual and strategic unlocks.
Staking Rewards – Earn rewards by staking through EigenLayer, contributing to RedStone’s security and decentralization.
Growth-Oriented Model – Designed for ecosystem expansion and long-term adoption.
Why RedStone Stands Out
Unmatched Security – No recorded failures or manipulations, delivering the most reliable on-chain data.
Scalability – A modular design supports any asset, on any chain, for any DeFi application.
First-Mover Advantage – RedStone leads the oracle space for emerging DeFi assets like LSTs, LRTs, and yield-bearing stablecoins.
Strategic Partnerships – Collaborating with top DeFi protocols such as Spark and BeraChain.
Rapid Growth – The fastest-growing oracle of 2024, increasing its client base by 500%.
Upcoming $RED Token – Pre-market trading is already creating high anticipation for the official TGE.
How to Farm $RED via Binance Launchpool
Binance Launchpool enables users to earn newly launched tokens by staking supported assets before they are listed. Here’s how to farm $RED:
🔹 Step 1: Log Into Binance
If you’re new to Binance, register at Binance.com and complete identity verification.
🔹 Step 2: Fund Your Account
Deposit or purchase BNB (Binance Coin) or FDUSD (First Digital USD) via Binance Spot Trading or other supported methods.
🔹 Step 3: Access Binance Launchpool
Navigate to Binance Earn → Select Launchpool → Find the $RED Farming Pool.
🔹 Step 4: Stake Your Assets
Choose between the BNB Pool or FDUSD Pool (or stake both for maximum rewards).
Enter the amount and confirm. Your staking starts immediately.
🔹 Step 5: Track Your Rewards
Monitor your $RED token earnings in the Launchpool section. Rewards are distributed periodically. You can unstake anytime without penalties.
🔹 Step 6: Claim & Trade $RED
Once the farming period ends, Binance will list $RED for trading.
Claim your tokens, transfer them to your Spot Wallet, and either trade or stake them for long-term participation.
RedStone is revolutionizing blockchain oracles, and $RED is set to be a game-changer in the space. With its rapid adoption, industry-first innovations, and upcoming TGE, farming $RED through Binance Launchpool is an unmissable opportunity to be part of the next big oracle revolution.
🌟 Don’t miss out – stake your BNB and FDUSD today to start earning $RED!
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