RedStone, a leading oracle provider in the blockchain ecosystem, is taking significant steps toward enhanced decentralization with the launch of the Guard Program. This initiative brings together some of the most respected names in blockchain infrastructure and market data, including P2P, Keyrock, Auros, Kaiko, and several other distinguished providers.
Strengthening Decentralization Through Trusted Partners
“RedStone is one of the leading oracle providers on the market, but with great power comes great responsibility,” explains Jakub Wojciechowski, Founder at RedStone. “By expanding our network to include established market players with proven track records, we’re not just distributing our data pipeline – we’re building a robust ecosystem where multiple independent entities collectively ensure data accuracy and reliability. This multi-provider approach is fundamental to achieving genuine decentralization in oracle services.”
The program carefully selects external data providers, creating a robust and diverse network of data sources. Each selected provider brings years of experience and billions of processed transactions from various blockchain ecosystems.
Graph showing the role of data providers
The Provider Network
The initial cohort of Guard includes:
- Keyrock: A leading digital asset market maker known for providing liquidity across major cryptocurrency exchanges
- Auros: A leading high-frequency trading firm and global liquidity provider, processing over $1.5 trillion in trading volume annually. Known for their sophisticated quantitative trading strategies and institutional-grade market-making services.
- Kaiko: An enterprise-grade digital assets data provider serving institutional market participants since 2014. They collect, normalize, and distribute digital assets market data to clients globally, processing billions of trades.
- Bware Labs (now Alchemy): A decentralized infrastructure provider offering node services acquired by Alchemy. Their global node network ensures high availability and reliability for Web3 applications across multiple blockchains.
- KudasaiJP: A prominent Japanese blockchain infrastructure provider specializing in high-performance node operations and data services. They’re known for their technical expertise in Asian crypto markets.
- TEB via B-harvest: A professional validator and infrastructure operator with extensive experience in Cosmos ecosystem, known for their sophisticated technical operations and reliable data services.
- Undefined Labs: A cutting-edge blockchain infrastructure company specializing in high-performance node operations and data services, with particular expertise in decentralized systems architecture.
- Altair: A specialized provider of blockchain infrastructure services, focusing on reliable data delivery and node operations across multiple networks.
Rigorous Onboarding Process
Becoming a Guard Partner involves a comprehensive three-stage process:
- Legal Analysis: Providers undergo a thorough legal evaluation to understand their responsibilities and the compensation mechanism.
- Staging Environment: Providers must demonstrate reliable operation in a testnet environment for a specified period. During this period:
- Node stability and uptime are continuously monitored
- Data accuracy is verified by comparing provider data with RedStone’s internal nodes
- Providers must maintain price feeds within specified deviation thresholds
- Technical teams from both sides collaborate to resolve any issues
- Production Deployment: After successful staging and meeting all performance criteria, providers transition to the production environment, where they continue to be monitored while contributing to the network’s data flow.
This rigorous validation process ensures that only providers capable of maintaining consistent, accurate data feeds join the production network, maintaining the high standards of RedStone’s oracle infrastructure. Data providers help further decentralize the RedStone data flow by adding redundancy layers. They are strategic partners who believe in the long-term RedStone vision of creating an oracle by builders for builders.
Looking Ahead
This program represents Phase I of RedStone’s decentralization initiative, focusing on node operation and data delivery. Phase II, scheduled for Q2 2025, will bring additional opportunities for network participation and development. Another step to increasing decentralization of the RedStone ecosystem will be the launch of RedStone AVS, which will allow for the leveraging of EigenLayer’s restaked security for networks’ protection.
