RedStone (RED), a modular oracle, lists on CoinW March sixth! Commerce RED/USDT and win from a ten,000 USDT prize pool. RedStone gives environment friendly information feeds for high blockchain tasks like Story Protocol and Babylon.
CoinW, the world’s pioneering cryptocurrency buying and selling platform, will checklist RedStone(RED), the fastest-growing modular oracle, on the DeFi Zone. For all CoinW customers, the RED/USDT can be formally obtainable for buying and selling on March sixth, 2025, at 13:00 (UTC). To have fun the itemizing of RED, we’re launching the “ RED Bounty Program” occasion with a reward pool of 10,000 USDT.
RedStone: The Modular Oracle Powering High Blockchain Tasks
RedStone operates as a next-generation oracle, setting itself other than conventional options like Chainlink and Pyth Community with its modular design. This modern structure permits it to supply on-demand, cost-efficient, and scalable information feeds for decentralized functions (dApps).
By leveraging cryptographically signed off-chain information and delivering it solely when required, RedStone considerably reduces prices and latency, making it a great answer for high-performance dApps. The protocol has already been adopted by top-tier tasks similar to Story Protocol, Babylon, StakeStone, and SonicLabs, reinforcing its place because the fastest-growing oracle within the business.
RedStone’s Upcoming TGE and Binance Launchpool Mining
RedStone not too long ago gained widespread consideration as a consequence of excessive expectations for its airdrop marketing campaign earlier than its Token Era Occasion (TGE). The mission is now set to launch on Binance Launchpool, the place customers can stake belongings to mine RED tokens. The itemizing on CoinW comes at an thrilling time, as neighborhood enthusiasm stays sturdy, notably amongst early adopters and airdrop individuals.
RED Token Utility and Tokenomics
The RED token performs a vital position in RedStone’s ecosystem, providing a number of utilities:
- Staking & Delegation: Holders can stake and delegate tokens to information suppliers to earn charges and rewards.
- Restaking & LRT Utility: RED will even allow Liquid Restaking Tokens (LRTs), permitting additional DeFi integrations and unlocking further financial worth, much like stETH.
RedStone has a complete token provide of 1,000,000,000 RED, with strategic allocations supporting protocol growth, ecosystem incentives, and neighborhood rewards. The mission has raised $22 million from high traders, together with Arrington Capital, Coinbase Ventures, and main blockchain founders from Aave, Polygon, zkSync, and Avalanche.
10,000 USDT Restricted-Time Supply for CoinW Group
To have fun the itemizing, 10,000 USDT equal RED prize pool can be up for grabs from March sixth, 2025, at 13:00 (UTC) to March thirteenth, 2025, at 16:00 (UTC). By collaborating in occasions similar to registration, buying and selling, and neighborhood occasions, CoinW customers have the chance to share in a prize pool of 10,000 USDT.
About CoinW
CoinW is a pioneering crypto buying and selling platform that prioritizes safety, transparency, and user-centric ideas. With superior know-how, deep liquidity, and a variety of supported cryptocurrencies, the corporate has amassed a broad person base to turn into one of many world’s most safe crypto exchanges. Dedicated to safety, transparency, and compliance, the CoinW trade upholds the very best regulatory requirements and actively contributes to the development of the crypto business. To be taught extra about CoinW, you possibly can go to the official web site, and observe CoinW’s Twitter Account, Btok, and Telegram Group.
About RedStone
RedStone is a modular oracle platform designed to supply quick, correct, and cost-effective information feeds for decentralized functions (dApps). In contrast to conventional oracles that push information to the blockchain at mounted intervals, RedStone makes use of an on-demand information retrieval method, storing cryptographically signed information off-chain and delivering it to sensible contracts solely when wanted. This method improves effectivity and considerably reduces prices for dApps. RedStone’s modular structure permits for straightforward integration of recent belongings and diminished latency, enabling dApps to scale extra successfully.
Media Contact
Group: CoinW
Contact Individual: Angelo Tan
Web site: https://www.coinw.com/
E mail: Ship E mail
Metropolis: Dubai
Nation: United Arab Emirates
Launch Id: 06032524742
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