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Redstone (RED) will be the next project on Binance Launchpool & Pre-market

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Binance will record RED (RedStone) for pre-market buying and selling, permitting customers to commerce RED earlier than its official launch, at 10:00 February 28 (UTC).

$RED Token Particulars

Token Identify: RedStone (RED)Blockchain: Ethereum Contract: 0xc43c6bfeda065fe2c4c11765bf838789bd0bb5deWhole Provide: 1,000,000,000 RED Circulating Provide: 280,000,000 RED (28% of whole provide)

Token Allocation

Supply: RedStone

Launchpool Particulars

Token Rewards: 40,000,000 RED (4% of whole provide)

Hourly Laborious Cap per Person: 

66,666 RED in BNB pool8,333 RED in FDUSD pool8,333 RED in USDC pool

Farming Accumulation:

Interval: February 26 00:00 – February 27 23:59 (UTC)Whole Day by day Rewards: 20,000,000 REDBNB Pool Day by day Rewards: 16,000,000 REDFDUSD Pool Day by day Rewards: 2,000,000 REDUSDC Pool Day by day Rewards: 2,000,000 RED

Buying and selling pair RED/USDT will likely be out there for buying and selling on Binance Pre-Market beginning February 28, 2025, at 10:00 UTC.

About Redstone

RedStone, a decentralized information oracle platform targeted on offering dependable, quick, and customizable information feeds for DeFi purposes. The mission is designed to bridge the hole between real-world information and blockchain sensible contracts, supporting a variety of DeFi protocols throughout a number of blockchain networks.

What units RedStone aside is its modular structure, which permits it to supply versatile and scalable information options tailor-made to the wants of recent DeFi protocols. Not like conventional oracles that constantly push information onto the blockchain (which could be pricey and inefficient), RedStone employs a “pull-based” mannequin alongside different choices, the place information is fetched on-demand and built-in into transactions solely when wanted. 

This strategy optimizes gasoline prices and enhances effectivity, making it notably enticing for builders constructing on resource-intensive networks like Ethereum or scaling options like Layer 2s. RedStone additionally helps over 60 blockchain networks, together with main gamers like Ethereum, Avalanche, Polygon, Arbitrum, and newer ecosystems like Motion and Sonic, showcasing its cross-chain compatibility.

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Tags: BinanceLaunchpoolPreMarketProjectRedRedstone
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