Overview of RedStone

In the context of rapidly growing DeFi and Web3 applications, the demand for a fast, reliable, low-cost, and easily integrable oracle has never been greater. RedStone (RED) is the pioneering solution that enables numerous blockchain protocols to access accurate and highly secure data.

RedStone is a next-generation blockchain oracle that provides fast, secure, and cost-effective data sources for over 100 dApps, safeguarding billions of USD in asset value. Not limited to DeFi, RedStone also supports data for Liquid Restaking Tokens (LRTs), Bitcoin DeFi (BTCFi), Real World Assets (RWA), and many other decentralized financial products.

Highlights of RedStone

- Multi-chain support: Integrated on over 70+ blockchains, including both EVM and non-EVM ecosystems.

- Superior security mechanism:

  • Multi-layer validation with consensus mechanisms among independent data providers.

  • Restaking on EigenLayer, offering higher security than traditional oracles.

  • Tightly audited and trusted by leading DeFi protocols.

- Flexible scalability:

  • Modular technology that makes it easy to integrate new data.

  • Supports quick deployment on any blockchain in just a few minutes.

  • Costs are up to 100 times lower than traditional oracles.

Tokenomics & Farming Event on Binance Launchpool

Tokenomics

Total supply 1,000,000,000 RED

Allocation:

  • Launchpool 3%

  • Team & advisors 20%

  • Ecosystem & development 30%

  • Community & incentives 15%

  • Investors 25%

Staking Event on Binance Launchpool

- RedStone officially launches on Binance Launchpool, providing an opportunity to receive free RED tokens by staking BNB, FDUSD, and USDC.

- Farming time 07:00 on 26/02 - 07:00 on 28/02/2025 (Vietnam time)

- Total rewards 40,000,000 RED

- Staking pools

  • BNB Pool 32,000,000 RED (80%)

  • FDUSD Pool 4,000,000 RED (10%)

  • USDC Pool 4,000,000 RED (10%)

Flexible staking and unstaking throughout the event.

Binance listing at 17:00 on 28/02/2025, the RED/USDT trading pair will officially open Pre-Market.

Assessing the Potential of RedStone

Why RedStone could become the leading oracle in DeFi

RedStone is designed for developers and data providers who need quick access, meeting the continuously changing needs of DeFi.

  • In the blockchain ecosystem, the demand for data is constantly changing. A suitable solution today may become obsolete tomorrow.

  • RedStone can provide any data source, from LRTs, BTCFi, memecoins to Real World Assets (RWA).

  • Thanks to its modular architecture, RedStone can update and scale faster than traditional oracles without affecting the system.

Strong development momentum of RedStone

  • 500% growth in customer numbers in just 1 year.

  • Supports deployment on any EVM chain in just a few minutes.

  • Operating costs are 100 times lower than other oracles.

The important role of RED Token

  • RED will be staked in RedStone AVS on EigenLayer, securing the network and allowing rewards in BTC, ETH, USDT.

  • Integrates a restaking model, enhancing liquidity and creating opportunities to optimize profits across DeFi protocols.

  • Potential to support thousands of blockchains, tens of thousands of assets, and DeFi protocols in the future.

RedStone is not just an oracle but could also become the new standard for Web3. If you are looking for a project with the potential to become the number one oracle in DeFi, don't miss the opportunity to own RED from the start.