RedStone RED Price

What is RedStone (RED)?

RedStone Oracles $RED stands out as a cutting-edge blockchain oracle system designed to cater to the evolving needs of the decentralized finance (DeFi) ecosystem. Recognized for its modular architecture and flexible features, RedStone Oracles $RED is highly scalable and seamlessly integrates with over 70 blockchain networks, including both EVM and non-EVM chains. Since its inception in 2021, the project has earned the trust of 130+ clients and provides data for more than 1,250 assets, demonstrating its reliability and market relevance.

RedStone Oracles $RED emphasizes security, speed, and adaptability, making it suitable for various use cases in the blockchain space. The project aims to provide superior price feeds and data solutions without compromising efficiency or reliability.

Features and Capabilities

1. Cutting-Edge Price Feeds:

RedStone Oracles $RED offers low-latency, high-reliability price feeds for a diverse range of assets, including major cryptocurrencies, long-term staking tokens (LSTs), liquidity reward tokens (LRTs), memecoins, and more. Its advanced pricing methodology ensures accurate and trustworthy data.

2. Modular Architecture:

The modular design empowers developers by enabling easy deployment across multiple blockchains. RedStone Oracles $RED supports both Push and Pull data consumption models, providing flexibility for different types of decentralized applications (dApps).

3. Broad Blockchain Compatibility:

With integration on 70+ chains, RedStone Oracles $RED is truly cross-chain. Developers can effortlessly request support for new chains, ensuring their projects can scale alongside their needs.

4. Security First:

Since its launch, RedStone Oracles $RED has maintained an impeccable record without any mispricing events. Backed by audits from leading security firms like Halborn, PeckShield, and Cantina, the platform reinforces trust in its solutions.

5. Tailored for Builders:

The oracle system is designed to meet the unique requirements of builders. RedStone Oracles $RED develops custom price feeds for specific protocol needs, allowing for innovation without limitations.

Use Cases

RedStone Oracles $RED caters to a wide range of blockchain-based use cases, including:

Lending Protocols: Securely integrating accurate price feeds for lending and borrowing platforms.

Perpetual Contracts: Supporting derivatives and perpetual trading markets with real-time data.

Restaking Protocols: Enabling secure data feeds for staking and re-staking solutions.

Bitcoin (BTC) Staking: Safeguarding staking processes with reliable data.

Notable Founders, Backers, and Partners

The project was founded by Jakub Wojciechowski, a forward-thinking builder driving innovation in the blockchain oracle space.

RedStone Oracles $RED is also backed by a roster of influential players in the blockchain space, including:

Stani Kulechov: Founder of Aave and Lens Protocol.

Sandeep Nailwal: Co-founder of Polygon.

Emin Gün Sirer: Founder of Ava Labs.

Richard Ma: CEO of Quantstamp.

Alex Gluchowski: Co-founder of zkSync.

Smokey: Co-founder of Berachain.

The project's credibility is further enhanced by its partnerships with top blockchain security firms and its active role in the global DeFi ecosystem.

Conclusion

RedStone Oracles $RED is redefining the standard for blockchain oracles with its modular architecture, secure price feeds, and cross-chain compatibility. By addressing the unique needs of developers and scaling with the demands of DeFi, RedStone Oracles $RED is poised to remain a leader in its domain. Clients and developers seeking innovative solutions can rely on the robust offerings of the RedStone Oracles $RED ecosystem.

What is unique about RedStone (RED)?

RedStone Oracles $RED offers modular architecture, cross-chain compatibility on 70+ blockchains, and secure, low-latency price feeds.

Who are the founders of RedStone (RED)?

The founders are anonymous.

Who are the backers/investors of RedStone (RED)?

Backers include Stani Kulechov, Sandeep Nailwal, Emin Gün Sirer, Richard Ma, Alex Gluchowski, and Smokey.

Where can I buy RedStone (RED)?

 Binance, Gate.ioMEXCBybitBitget