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RedStone is an Oracle that delivers frequently updated, reliable, and diverse data feeds for your dApp and smart contracts

Company details

RedStone is an Oracle that delivers frequently updated, reliable, and diverse data feeds for your dApp and smart contracts on multiple L1s & L2s. It offers a radically different design of Oracles catering to the needs of modern DeFi protocols.

RedStone Airdrop Details

RedStone is backed by major investors, including Coinbase Ventures, Blockchain Capital, Arweave and MAVEN11, to name a few. They also raised $15 million in a Series A funding round.

RedStone has launched Expedition Season 3, offering participants a chance to earn 100 million RSG points in collaboration with ZeroLend. This special campaign focuses on rewarding users who deposit $LBTC on the Base Chain with both RSG and Zero Gravity points. Here’s everything you need to know:

RedStobe has released their RED tokenomics:

  • 1 Billion supply
  • Network: Ethereum mainnet
  • 48.3% to community growth
  • 30% float at TGE
  • 70% of $RED initially locked, vesting over 4 years
  • $RED stakers will earn rewards from RedStone data users across hundreds of blockchains, paid in widely adopted assets like ETH, BTC, SOL, and USDC
  • Full tokenomics breakdown:
    • Community & Genesis 10.00%
    • Protocol development (Partially Locked) 10.00%
    • Core Contributors (Locked) 20.00%
    • Ecosystem & Data providers (Partially Locked) 28.30%
    • Early Backers (Locked) 31.70%
Step-by-Step Guide:

Latest Update: RedStone RED Miner Airdrop Claim Now Live

RedStone has officially launched the RED Miner Airdrop with significant updates to their allocation strategy following community feedback. Here’s everything you need to know about claiming and staking your $RED tokens.

Claim Process​

  1. Visit the official claim page
  2. Connect your eligible wallet
  3. Claim your $RED tokens
  4. You’ll be prompted to stake in RedStone AVS, powered by Eigenlayer
Stakers will earn RED rewards and partner incentives, with real yield from RedStone data users planned for future implementation.

Official Token Information

  • Official $RED token Ethereum address: 0xc43C6bfeDA065fE2c4c11765Bf838789bd0BB5dE
  • Trading is available on Uniswap and various centralized exchanges

Updated Allocation Strategy

Following community feedback about the initial selection process, RedStone has implemented allocation changes:

  • First Miner Airdrop: 5% of total RED supply (already claimable via claim.redstone.finance)
  • Additional allocation: 2% of total RED supply from “Ecosystem & Data Providers” fund
    • Recipients selected by extending eligibility criteria based on collected participation proofs
    • Claimable from March 6th, 2025, at 3:00 pm UTC via bonus.redstone.finance
  • Future allocation: 4.5% from “Community & Genesis” fund
    • Distribution scheduled 6 months after TGE (September 6th, 2025)
    • Targeted at projects utilizing RedStone price feeds
    • To be airdropped to users of pools secured by RedStone price feeds

Partner Projects

The 4.5% future allocation will be split based on each project’s contribution to RedStone’s Total Value Secured. Qualified projects already include:

  • USDX
  • Euler
  • Gearbox
  • CIAN
  • Pendle
  • Venus
  • Fraxlend
  • Evaa
  • Tokemak
  • Cygnus
  • DeltaPrime
  • Abracadabra
  • Native Lend
  • Resolv
  • ZeroLend
  • Merchant Moe
  • Mento
  • Angle
  • LayerBank
  • Sumer Money
  • Factorial
  • Segment
  • Phuture
  • Tempest
  • BitFi
Additional partner projects are expected to be announced in the future.

RedStone Expedition season 3 airdrop

  1. Link Your Wallet:
    • Connect your EVM wallet to Warpy on the RedStone Discord server: Join Discord.
  2. Deposit $LBTC:
    • Transfer $ETH to the Base network using any convenient bridge.
    • Swap $ETH to $LBTC on platforms like:
    • Stake $LBTC at Lombard Finance to prepare your token for Base.
    • Supply $LBTC to the Base network pool on ZeroLend.
  3. Complete Tasks on Zealy:
    • Engage in RedStone’s questboard on Zealy.

Rewards and Campaign Details

  • Rewards:
    • 100 million RSG points distributed based on participants’ share of the reward pot.
    • Zero Gravity points with an exclusive 5x multiplier for $LBTC deposits.
  • Eligibility:
    • Rewards are only available to new $LBTC suppliers. If you had deposited tokens before the campaign, you’ll need to re-deposit to qualify.
    • Looping is allowed.

RedStone Zealy campaign

  1. Visit the RedStone Zealy quest page.
  2. Sign up for the campaign and complete various social tasks.
  3. You will earn free XP for doing the tasks.
  4. This is the last campaign before their TGE.

Binance announces RED launchpool

  1. Binance has announced the RED launchpool.
  2. The exchange announced that there will be 1 billion RED tokens and the launchpool rewards will be 40 million RED tokens.
  3. Binance will also be the first exchange to list RED.
  4. Pre-market trading is set to go live on February 28.
  • Total value: n/a
  • Platform: ownchain
PawProfitForum does not endorse communities that promise unrealistic returns through potentially unethical practices. We are committed to promoting safe, informed, and ethical participation in the cryptocurrency space. We urge our audience to remain cautious, perform thorough research, and consider the broader implications of their investment decisions. All the above reviews include unverified information. Please conduct your own research. Share your feedback

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Company information

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