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0xzhaozhao|Feb 13, 2025 06:37
Redstone Ecological Explosion+Supported by Coinbase Top Level, TGE Moment is Coming Soon! Redstone has announced token economics!!!⭐ RedStone is a modular oracle dedicated to providing profitable collateral for the DeFi market. RedStone has raised over $2000W in funding and received support from top tier firms like Coinbase!
To quickly understand Redstone, it can be understood as an "intelligent data manager" serving the blockchain wealth management market. Its main job is to provide accurate and reliable asset price information for various platforms, such as savings earning interest and investment and wealth management applications.
🌟 RedStone Ecological Explosion:
RedStone has been operating on over 50 chains and has provided the fastest growing and most distinctive oracle solutions in the market for top projects such as Morpho, Venus, Etherfi, and Pendle.
RedStone's recent big moves:
one ️⃣ The strongest support for bear chain ecology
RedStone has provided real-time prices for the bear chain mainnet (verified successfully on the test network)
RedStone has helped @ beraborrow in the bear chain ecosystem unlock real-time liquidity for Berachain assets through the first pol Pol Power stablecoin Nectar.
·RedStone supports @ KodiakFi in the bear chain ecosystem as its data source, enhancing the practicality and liquidity of the @ berachain ecosystem.
two ️⃣ RedStone x TON collaboration achieves new success
RedStone provides support for the TON blockchain developed by Telegram, providing a reliable and efficient oracle solution for the DeFi ecosystem of the Ton ecosystem.
🔥 RedStone TGE is coming soon, RED has launched KuCoin and MEXC Pre Market, with full popularity!
KuCoin Pre Market link: https://((x.com))/kucoincom/status/1886690013917929765
MEXC Pre Market link: https://((x.com))/MEXC_Listings/status/1887409491249164527
💎 Heavier: RedStone has announced the economics of the RED token:
🔗 https://blog.redstone.finance/2025/02/12/introducing-red-tokenomics/
The token allocation that everyone is most concerned about:
one ️⃣ Community allocation 10%
10% of RED tokens will be distributed to the RedStone community through an initial claim activity. Community and genesis allocation are the cornerstone of RedStone token economics, acknowledging the crucial role that communities play in the long-term success of the protocol. These tokens will be distributed through carefully designed airdrops to reward early supporters, partners, and active participants involved in the development of RedStone.
two ️⃣ Protocol development allocation of 10%
10% of RED tokens will be allocated to protocol development to ensure the long-term sustainability and growth of RedStone. This fund supports key research and development, developer resources, and operational efficiency.
three ️⃣ 20% allocation to core contributors
20% of RED tokens will be allocated to the core contributors of the RedStone ecosystem, in recognition of those who have laid the foundation for the protocol and will continue to drive its long-term development. This allocation ensures the commitment of key contributors in the areas of safety, engineering, product development, community, marketing, strategy, business development, and operations.
four ️⃣ Ecosystem and data provider allocation 28.3%
28.3% of RED tokens are allocated to the ecosystem and data provider categories. The ecosystem has driven RedStone's innovation and community development, empowering builders, innovators, and community leaders through targeted grants and incentives.
five ️⃣ Early supporters allocated 31.7%
31.7% of RED tokens were allocated to early supporters who provided significant financial, consulting, and strategic support during the development of RedStone. Their industry expertise and infrastructure capabilities are crucial for strengthening the foundation of the agreement.
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