RedStone is about to end pre-market trading and officially launch the RED staking profit plan In the decentralized finance (DeFi) ecosystem, the oracle serves as a bridge connecting on chain and off chain data, and can play a role in interconnecting blockchain with real-world data. The existing veteran oracle machines on the market, such as Chainlink, adopt the traditional model of third-party operators hosting oracle machine nodes, while RedStone, as a new generation oracle machine provider, adopts a modular architecture, compatible with EVM and non EVM, integrates Chainlink and Pyth modes, and supports both push and pull modes. Currently, it has covered 70+public chains and Rollup, including the recently popular Monad, as well as Berachain, Sui, TON Network, etc., providing accurate and reliable price data for mainstream DeFi assets such as LSTs, LRTs, and BTCofi. RedStone's native token RED, after several days of pre trading on Binance, will also be directly launched on Binance RED spot trading pairs at 21:00 today (March 6th), and a staking incentive plan will be launched simultaneously to provide users with additional profit opportunities. This means that RED will usher in higher market liquidity and provide more users with the opportunity to participate in RedStone's ecological construction. one ️⃣ RED Pledge Income Plan With the launch of RED, RedStone has launched a staking scheme based on the EigenLayer ecosystem. Users can choose their preferred way to participate in staking and receive various rewards such as ETH, BTC, SOL, USDC, etc. Advantages of pledging RED: 🔸 Encryption security guarantee: Through the EigenLayer AVS (Active Authentication Service) mechanism, RedStone utilizes billions of dollars in pledged assets to build a strong economic security layer. 🔸 Dual income model: Basic staking income: Holding RED and participating in staking can earn returns on various assets such as ETH, BTC, SOL, USDC, etc. Ecological value-added return: Participate in the sustainable economic system of RedStone oracle network and enjoy the long-term benefits brought by protocol growth. 🔸 Dual mode flexible selection to meet different needs: EigenPie liquidity pledge: Obtain mRED tokens to continue participating in the DeFi ecosystem, suitable for active investors. EigenLayer Proto Pledge: Independently choose node operators to ensure network decentralization, suitable for long-term holders. 🔸 Positive flywheel effect: RedStone's staking model forms a positive cycle of protocol demand growth, revenue increase, and network security enhancement, allowing stakers to enjoy benefits while also contributing to the stable development of the ecosystem. two ️⃣ The core highlights of RedStone oracle RedStone adopts a modular architecture, which provides higher flexibility and scalability compared to traditional oracle machines, and has become an important data provider for multiple public chains and Rollup ecosystems. 🔸 Covering over 70 blockchains and Rollup, including Monad, Berachain, Sui, TON Network, and more. 🔸 Support the Push&Pull oracle model, which can actively push data and provide customized data streams as needed. 🔸 Optimize gas costs and provide efficient and low-cost data services in the Layer 2 ecosystem. 🔸 Exclusive data provider status: -The only oracle of TON Network has been running for over a year. -The first verification oracle of Berachain ecosystem, serving multiple Berachain ecosystem projects. -StoryProtocol has chosen RedStone as its exclusive oracle support for its intellectual property oriented hierarchy. 🔸 In 2024, support for over 20 new blockchains will be added, including Unichain, Swell L2, and Ink. Overview of Comparison with Other Prophet Companions: three ️⃣ Financing background RedStone has gone through three rounds of financing from 2021 to 2024, with a total amount of up to $22.525 million raised by mainstream cryptocurrency investment firms such as Coinbase Ventures and Arrington Capital. In 2024, it also received funding from http://Ether.Fi The investment in Restaking ecological projects with Puffer Finance and others demonstrates the industry's recognition of RedStone's role in the EigenLayer ecosystem, further consolidating RedStone's competitiveness in the oracle market. Summary: RedStone provides data support for multiple DeFi tracks through a modular oracle architecture, currently covering emerging DeFi fields such as LST, LRT, BTCFi, and becoming a core data provider in some public chain ecosystems. With the upcoming listing of RED on Binance and the introduction of a pledge incentive mechanism, the market liquidity and economic model of the project will be further developed. From the perspective of financing path, RedStone has received support from decentralized storage, mainstream DeFi investment institutions, and re staking ecological projects, with a clear capital structure that is also in line with RedStone's technological development direction. With the introduction of the EigenLayer staking mechanism, the security and economic model of the RedStone oracle are expected to be further optimized, and its future influence in the DeFi and Rollup ecosystems deserves continued attention. Official website: https://www.redstone.finance Project Introduction: https://mp.weixin. (qq.com)/s/Pz-jeauldiOE2L366zS68w