What to Know About RedStone (RED) – Binance Launchpool’s 64th Project
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- RedStone offers scalable, pull-based data solutions to optimize DeFi gas costs.
- RED token supply capped at 1 billion, with 28% in initial circulation during Binance listing.
- Binance introduces an upward circuit breaker mechanism for RED’s pre-market trading phase.
Binance Launchpool is set to launch its 64th project, RedStone (RED), a decentralized data oracle platform to improve decentralized finance (DeFi) applications.
The project is launching soon and rolling out a unique solution to the blockchain network. Its multi-chain oracle is built to provide reliable, customizable, and efficient data feeds for DeFi protocols across both EVM and non-EVM blockchains.
Introducing @redstone_defi $RED on #Binance Launchpool!
— Binance (@binance) February 25, 2025
Stake BNB, FDUSD, and USDC to farm $RED, and explore the new Upward Circuit Breaker Mechanism for Binance Pre-Market.
Learn morehttps://t.co/X9ZNzBlJg0 pic.twitter.com/Y2X036og9C
RedStone’s Innovative Data Approach
RedStone stands out with its open setup, which allows for data solutions that are both flexible and can grow as needed. The platform brings real-world data into blockchain smart co…
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