🉐 Crypto Linn
🉐 Crypto Linn|Feb 18, 2025 10:44
Token Generation Evenet oh yes, it's cooming for le @redstone_defi RED and Linn will tell you about one of THE fastest growing oracles: - Added 100+ clients in 2024 - Expanded to 30+ chains - Pioneered oracles for LSTs, LRTs, BTC staking, and yield-bearing stablecoins - The first major oracle to launch an AVS secured by EigenLayer - Became the largest oracle provider on Berachain, securing 18 DeFi protocols on day 1 - Partnered with Spark, one of the largest DeFi protocols with the highest security requirements You may ask, Linn, why Redstone? - Essential Infras: Every DeFi protocol, blockchain, and asset issuer needs an oracle - Massive Market: Top oracle tokens are valued in the billions (No guarantee of price but...compare le metrics and do ze math yourself) - Top 3 by Growth: RedStone is rapidly gaining market share and is the only leading oracle without a token...till now RED: The Uno sustainable Oracle Token - Securing RedStone’s Network, RED staking will enhance security through EigenLayer integration - Strict Distribution & Locking: No team or VC tokens will be liquid for 12 months post-TGE, with slow unlocks thereafter - Long-Term Value: Built for sustainable tokenomics with value accrual flowing back to RED BUT LINN, why is Redstone unique? - Unmatched Security: The only major oracle with ZERO manipulations or failures in production - Modular Architecture: Can scale across chains and assets faster than competitors - The Most Extensive Offering: First to deliver custom feeds for LSTs, LRTs, BTC staking, and yield-bearing stablecoins Linn's anticipation builds and personally aims to add RED to le portfolio, looking forward to more info on staking / economic model as soon as that comes out... For more details on the Tokenomics check out: https://blog.redstone.finance/2025/02/12/introducing-red-tokenomics/ Reminder: Partnered with Redstone
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