RedStone (RED) is making waves in the cryptocurrency space as it prepares for its debut on Binance Launchpool, marking the 64th project to be featured on the platform. As a robust multi-chain oracle solution compatible with both EVM and non-EVM blockchains, RedStone is positioned to enhance data reliability across decentralized applications. With Binance users soon able to participate in RED token farming, this launch represents a significant milestone for the project and its growing ecosystem.
👉 Discover how you can start earning RED tokens today with low-risk staking options.
Binance Launchpool: How to Farm RedStone (RED)
Starting on February 26, 2025, at 00:00 UTC, Binance users can begin staking BNB, FDUSD, and USDC to earn RedStone (RED) tokens over a 48-hour farming period. This limited-time opportunity allows participants to gain early exposure to RED before it hits the open market.
The total Launchpool rewards amount to 40 million RED tokens, representing 4% of the total supply of 1 billion. These rewards are distributed across three supported pools:
- BNB Pool: 32 million RED (80% of rewards)
- FDUSD Pool: 4 million RED (10% of rewards)
- USDC Pool: 4 million RED (10% of rewards)
Each pool has an hourly hard cap per user to ensure fair distribution:
- 66,666 RED/hour when staking BNB
- 8,333 RED/hour when staking FDUSD
- 8,333 RED/hour when staking USDC
To participate, users must complete Binance’s KYC verification process. The farming window runs from February 26 to February 27, 2025 (UTC), so timely participation is crucial.
With an initial circulating supply of 280 million RED (28%) upon listing, the Launchpool distribution plays a vital role in decentralizing early access and rewarding engaged community members.
Understanding the Binance Pre-Market Price Cap Mechanism
Following the Launchpool event, RedStone (RED) will enter the Binance Pre-Market on February 28, 2025, at 10:00 UTC, with trading available for the RED/USDT pair. This phase allows eligible users to trade RED ahead of its official spot listing, offering early price discovery and liquidity formation.
What sets this launch apart is the introduction of a Price Cap Mechanism, currently being trialed exclusively for the RED token. Designed to promote fair trading and reduce volatility during the critical early hours, this mechanism imposes temporary price ceilings based on the initial opening price.
How the Price Cap Works
For the first 72 hours of Pre-Market trading, price increases are capped at escalating percentages:
- First 24 hours (Feb 28 – Mar 1): Max price = 200% of opening price
- Second 24 hours (Mar 1 – Mar 2): Max price = 300% of opening price
- Third 24 hours (Mar 2 – Mar 3): Max price = 400% of opening price**
After March 3, 2025, at 10:00 UTC, all price restrictions are lifted, and trading continues under standard market conditions.
Additionally, each user is limited to holding a maximum of 5.000 RED during Pre-Market to prevent large-scale manipulation and encourage broader participation.
This experimental feature aims to create a more stable and equitable environment for retail traders, minimizing the risk of extreme price spikes driven by speculative behavior.
👉 Learn how price caps protect new investors during high-volatility token launches.
About RedStone (RED): A Multi-Chain Oracle Powerhouse
RedStone emerges as a next-generation oracle solution designed to deliver fast, reliable, and cost-efficient data feeds across a wide range of blockchain environments — including both EVM and non-EVM chains. Unlike traditional oracles that may struggle with latency or limited chain support, RedStone leverages off-chain data aggregation and optimized delivery mechanisms to serve DeFi protocols, lending platforms, and cross-chain applications.
Built with scalability in mind, RedStone supports frequent updates and high-throughput data delivery, making it ideal for applications requiring real-time pricing information. Its deployment on the Ethereum network (contract address: 0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de) ensures compatibility with major wallets and platforms.
Core features include:
- Multi-chain compatibility: Seamless integration across diverse ecosystems
- High-frequency updates: Timely data delivery for dynamic markets
- Cost efficiency: Reduced gas costs through optimized data compression
- Decentralized security model: Resilient against single points of failure
As decentralized finance continues to expand beyond Ethereum, oracle solutions like RedStone become increasingly critical infrastructure components.
Key Metrics at a Glance
- Token Name: RedStone (RED)
- Total Supply: 1,000,000,000 RED
- Launchpool Rewards: 40,000,000 RED (4%)
- Initial Circulating Supply: 280,000,000 RED (28%)
- Blockchain: Ethereum
- Pre-Market Start: February 28, 2025, 10:00 UTC
- Farming Period: February 26–27, 2025 (UTC)
Frequently Asked Questions (FAQ)
Q: What is Binance Launchpool?
A: Binance Launchpool allows users to stake existing cryptocurrencies like BNB or stablecoins to earn newly launched tokens such as RedStone (RED) over a fixed period. It's a low-barrier way to gain early access to promising projects.
Q: Is Pre-Market trading available to all users?
A: No. Participation in Binance Pre-Market is subject to regional eligibility. Users must comply with local regulations and may need to meet specific account requirements.
Q: Why is there a price cap during Pre-Market?
A: The Price Cap Mechanism helps reduce extreme volatility during initial trading, protecting retail investors from sudden pumps or manipulative activities. It's currently being tested with RED and may influence future Binance listings.
Q: How many RED tokens can I earn on Launchpool?
A: Earnings depend on your staked amount and the pool you join. With hourly caps in place (up to 66,666 RED/hour in the BNB pool), active participation increases your reward potential.
Q: Can I unstake my assets during the farming period?
A: Yes, users can unstake at any time. However, rewards are calculated based on the duration and amount staked — so longer commitments typically yield higher returns.
Q: Where can I find RedStone’s official documentation?
A: The project’s whitepaper and technical details are available on docs.redstone.finance, while updates are shared via their official X account @redstone_defi.
👉 Access advanced tools to track your staking rewards and market performance in real time.
Final Thoughts
The listing of RedStone (RED) on Binance Launchpool and its entry into Pre-Market trading marks a pivotal moment for the oracle sector. By combining innovative features like the Price Cap Mechanism with strong technical fundamentals, Binance continues to refine how new tokens are introduced to global markets.
For users, this launch offers not just an opportunity to earn new tokens but also insight into evolving exchange mechanisms designed to promote fairness and transparency. Whether you're a seasoned DeFi participant or new to crypto staking, RedStone’s multi-chain vision and structured rollout present a compelling case for engagement.
As always, conduct your own research and stay updated through official channels to make informed decisions in this fast-moving space.
Core Keywords: RedStone RED, Binance Launchpool, Pre-Market trading, Price Cap Mechanism, oracle crypto, multi-chain oracle, RED token farming