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Binance will list RED (RedStone) for pre-market trading, allowing users to trade RED before its official launch, at 10:00 February 28 (UTC).
$RED Token Details
- Token Name: RedStone (RED)
- Blockchain: Ethereum
- Contract: 0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de
- Total Supply: 1,000,000,000 RED
- Circulating Supply: 280,000,000 RED (28% of total supply)
Token Allocation
Source: RedStone
Launchpool Details
- Token Rewards: 40,000,000 RED (4% of total supply)
Hourly Hard Cap per User:
- 66,666 RED in BNB pool
- 8,333 RED in FDUSD pool
- 8,333 RED in USDC pool
Farming Accumulation:
- Period: February 26 00:00 – February 27 23:59 (UTC)
- Total Daily Rewards: 20,000,000 RED
- BNB Pool Daily Rewards: 16,000,000 RED
- FDUSD Pool Daily Rewards: 2,000,000 RED
- USDC Pool Daily Rewards: 2,000,000 RED
Trading pair RED/USDT will be available for trading on Binance Pre-Market starting February 28, 2025, at 10:00 UTC.
About Redstone
RedStone, a decentralized data oracle platform focused on providing reliable, fast, and customizable data feeds for DeFi applications. The project is designed to bridge the gap between real-world data and blockchain smart contracts, supporting a wide range of DeFi protocols across multiple blockchain networks.
What sets RedStone apart is its modular architecture, which allows it to offer flexible and scalable data solutions tailored to the needs of modern DeFi protocols. Unlike traditional oracles that continuously push data onto the blockchain (which can be costly and inefficient), RedStone employs a “pull-based” model alongside other options, where data is fetched on-demand and integrated into transactions only when needed.
This approach optimizes gas costs and enhances efficiency, making it particularly attractive for developers building on resource-intensive networks like Ethereum or scaling solutions like Layer 2s. RedStone also supports over 60 blockchain networks, including major players like Ethereum, Avalanche, Polygon, Arbitrum, and newer ecosystems like Movement and Sonic, showcasing its cross-chain compatibility.
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