Overview of RedStone

In the context of rapidly growing DeFi and Web3 applications, the demand for a fast, reliable, low-cost, and easy-to-integrate 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, protecting 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 mechanisms:

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

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

  • Thoroughly audited and trusted by leading DeFi protocols.

- Flexible scalability:

  • Modular technology that facilitates easy integration of new data.

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

  • Cost is 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 the 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

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

Assessing the Potential of RedStone

Why RedStone can become the leading DeFi Oracle

RedStone is designed for developers and data providers to quickly meet the ever-changing needs of DeFi.

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 A suitable solution today may become outdated tomorrow.

  • RedStone can provide any data source, from LRTs, BTCFi, memecoins to real-world assets (RWA).

  • Thanks to modular architecture, RedStone can update and scale faster than traditional oracles without impacting 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, helping secure 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 can 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 chance to own RED from the start.