RedStone (RED) is making waves with its debut on Binance Launchpool. The project aims to solve inefficiencies in the oracle space by offering a more cost-effective and scalable solution for smart contracts. Traditional oracles can be slow and expensive, but RedStone’s pull-based model only sends data when requested, reducing unnecessary on-chain updates and lowering gas fees.
Key Features:
- Cost-Efficient: No unnecessary data updates on-chain, reducing gas fees.
- : Data is provided only when needed, ensuring faster delivery.
- Multi-Chain Support: RedStone works with over 70 blockchains, including Ethereum, Arbitrum, and Polygon.
Binance Launchpool Opportunity:
- Start Date: February 26, 2025
- End Date: February 27, 2025
- Rewards: 40 million RED tokens available