RED is Live
Today we introduce the tokenomics of the RED token, a significant step in the RedStone blockchain oracle evolution. The launch of RED will be a pivotal moment in the process of decentralizing RedStone’s oracle infrastructure and accelerating RedStone towards becoming the most technologically advanced, scalable, and economically sustainable blockchain oracle.
The RED token will open new possibilities for deeper security and decentralization within the RedStone network while establishing a unit of incentivization for participants in the RedStone ecosystem.
RED will be the foundation of the fastest-growing blockchain oracle, accruing value as RedStone scales across new networks and advances toward securing trillions of dollars.
In 2024, RedStone became the fastest-growing oracle in the market. Today, it serves 130+ clients across 70+ chains, supporting builders on platforms like Berachain, Story, Unichain, TON, Monad, MegaETH, and many others.
The RED flywheel is around the corner ♦️
Why Blockchain Oracles?
Oracles are the cornerstone of the development and evolution of blockchain technology. Almost every decentralized application running on a blockchain relies on an oracle to deliver external price data.
Without reliable oracles, DeFi cannot function securely at scale.
Early, blockchain oracles were designed to work on individual chains like Ethereum and Solana, but with time, the ecosystem has grown more complex. Today, hundreds of blockchains exist, each requiring specific services from an oracle to secure its unique DeFi ecosystem.
RedStone is a modular blockchain oracle that provides essential data feeds for blockchain applications. It securely delivers any type of data to any blockchain, enabling decentralized finance and blockchain technology to scale without limits.
RED Supply
RedStone’s blockchain oracle technology has achieved product-market fit, operating on mainnet since January 2023 and attracting users with its reliable, diverse, and robust services. Now, the RedStone Distributed Data Association introduces RED—designed to further decentralize the system and advance the long-term goals of the RedStone Ecosystem.
At the core of RedStone is the mission to support builders with any data they need, on any chain, for any use case. As the RED Token Generation Event (TGE) approaches, we present the utility and token economics of RED below.
| Ticker | RED |
| Max Supply | 1,000,000,000 RED |
| Percentage to Community Growth | 48.3% |
| Float at TGE | 28% |
| Token Standard | Ethereum Network: ERC-20 |
| Lock Up | 72% of RED are initially locked. These tokens will unlock over 4 years per the Token Release Schedule below. |
*RED Max Supply is hardcoded at 1,000,000,000 in the non-upgradeable contract. During Binance Pre-Market, the Circulating Supply will be at 40,000,000, and at TGE, the Circulating Supply will be 280,000,000. RED Total Supply at TGE will be 280,000,000, eventually reaching 1,000,000,000 throughout 4 years from TGE.
RED Utility: Staking For Economic Security
For oracles to survive and secure DeFi long-term, sustainable tokenomics are essential.
RED is designed as a utility token with an innovative value accrual mechanism, introducing the first truly sustainable oracle economics.
Leveraging RedStone’s EigenLayer Actively Validated Service (AVS), RED staking adds a robust layer of economic security to RedStone’s oracle stack, utilizing staked RED and potentially tapping into billions of dollars staked in EigenLayer for additional security.
RED can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in the RedStone AVS.
RED stakers will earn rewards from RedStone data users across hundreds of blockchains, paid in widely adopted assets like ETH, BTC, SOL, and USDC.
RED Staking Flywheel
Token Distribution
The maximum supply of RED is 1,000,000,000 (one billion) tokens, with an initial float of 28%. RED is implemented as an ERC-20 token on Ethereum Mainnet and will be available on Solana, Base, and other networks after the Token Generation Event via the Wormhole Native Token Transfer standard.
Nearly half of all RED tokens (48.3%) will be allocated to the RedStone Ecosystem & Community across the following categories: Community & Genesis, Ecosystem & Data Providers, Binance Launchpool and Protocol Development.
RED will be distributed across six categories
| Category | Total |
| Community & Genesis | 10.00% |
| Protocol development (Partially Locked) | 10.00% |
| Core Contributors (Locked) | 20.00% |
| Binance Launchpool | 4.00% |
| Ecosystem & Data providers (Partially Locked) | 24.30% |
| Early Backers (Locked) | 31.70% |
| Total | 100% |
RedStone RED Token Release Schedule
RedStone RED Token Distribution
Community & Genesis (10%)
10% of RED tokens will be distributed to the RedStone community through initial claim activities. The Community & Genesis allocation is a cornerstone of RedStone’s tokenomics, recognizing the crucial role the community plays in the protocol’s long-term success. These tokens will be distributed via carefully designed airdrops to reward early supporters, partners, and active participants involved in RedStone’s growth. This strategy ensures fair representation for the ecosystem’s earliest adopters and ongoing contributors.
Protocol Development (10%)
10% of RED tokens are allocated to Protocol Development, ensuring RedStone’s long-term sustainability and growth. This fund supports critical research and development, developer resources, and operational efficiency.
The RedStone Distributed Data Association strategically deploys these resources to drive protocol growth and advance progressive decentralization.
Core Contributors (20%)
20% of RED tokens are allocated to Core Contributors of the RedStone Ecosystem, recognizing those who built the protocol’s foundation and will continue driving its long-term growth. This allocation secures the commitment of key contributors across security, engineering, product development, community, marketing, strategy, business development, and operations.
All tokens in this category are locked and follow a strategic vesting schedule to align contributors’ interests with the protocol’s sustained growth and success.
Binance Launchpool (4%)
4% of RED tokens are allocated to Binance Launchpool, strategically strengthening collaborative relationships between the Binance and RedStone communities.
Ecosystem & Data Providers (24.3%)
24.3% of RED tokens are allocated to the Ecosystem & Data Providers category. The Ecosystem portion fuels RedStone’s innovation and community growth, empowering builders, innovators, and community leaders through targeted grants and incentives. This fund supports community-driven initiatives, educational programs, and activities that drive market growth and adoption, with a focus on projects that add clear value to RedStone’s expansion. It also incentivizes the adoption of new products and services until they reach critical mass.
The Data Providers allocation rewards those supplying data to RedStone’s oracle infrastructure, ensuring high-quality, timely data delivery. Strategic incentives and grants encourage coverage of emerging market pairs and evolving data demands, with a reward structure that maintains top-tier data standards.
All tokens in this category follow a structured release schedule to support sustainable, long-term ecosystem growth and data provider diversity, aligned with RedStone’s vision.
Early Backers (31.7%)
31.7% of RED tokens are allocated to Early Backers, who provided vital financial, advisory, and strategic support during RedStone’s development. Their industry expertise and infrastructure capabilities have been key in strengthening the protocol’s foundation.
These tokens are locked and follow a strategic vesting schedule to align Early Backers’ interests with RedStone’s long-term success, ensuring their continued support and engagement as the protocol evolves.
RedStone: The Modular Innovation
RedStone’s modular oracle architecture makes it the most scalable, secure and performant blockchain oracle service. The design streamlines adding new assets, cutting latency, and supporting new chains, letting dApps scale freely without any constraints from the oracle provider.
RedStone leads the way in blockchain oracle technology with:
- Deepest price discovery: RedStone price feeds source exchange rates not only from CEXes but also directly from on-chain trading venues (DEXes), enabling faster, more secure and versatile asset support than any competitor.
- Product Offering: Tailor-made price feeds engineered for precise quantitative needs, including bespoke LST and LRT feeds and Proof-of-Reserve feeds for BTC staking protocols.
- Modular Innovation: Seamless support for cutting-edge technologies from AVS and RedStone OEV to ultra-low latency feeds, RedStone advances on multiple verticals as the complete oracle.
- Security: RedStone delivers the highest quality data feeds. Proven to be faster, more frequent, and more accurate than any competitor. As the only major oracle with zero mispricing events, it now leverages EigenLayer AVS, with the ability to tap into $14B in economic security as needed.
RedStone stands apart from every oracle before it, thanks to its modular infrastructure, enabling seamless support for any use case, any asset, on any chain—now and in the future.
- Omnichain by design: Deploying on new chains is fast and cost-efficient.
- Tailored for every protocol: Supports any data delivery method, from push feeds (standard for blue-chip lending) to pull feeds (preferred by perps DEXs and HFT DeFi), as well as next-gen feeds for emerging use cases.
The future of RedStone
RedStone is the modular oracle, with 500% user growth in 2024. It’s the oracle of choice for the world of 1,000 blockchains, 10,000s of assets and traditional finance institutions bringing trillions onchain. RedStone secures billions of dollars and focuses on serving builders with what they need to reach the true DeFi’s potential.
With RED, RedStone’s growth will accelerate even further.
By builders, for builders.
RedStone Official Channels
X (prev. Twitter): https://x.com/redstone_defi
Discord: https://discord.com/invite/PVxBZKFr46
Telegram: https://t.me/redstonefinance/
THIS IS FOR INFORMATIONAL PURPOSES ONLY AND NOT AN OFFERING TO SELL, THE SOLICITATION OF AN OFFER TO PURCHASE, OR AN ENCOURAGEMENT TO OFFER TOKENS. YOU SHOULD NOT RELY ON THE CONTENT HEREIN FOR ADVICE OF ANY KIND, INCLUDING LEGAL, INVESTMENT, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE, AND SUCH CONTENT IS NOT A SUBSTITUTE FOR ADVICE FROM A QUALIFIED PROFESSIONAL OR YOUR OWN RESEARCH. THIS DOCUMENT CONTAINS HYPOTHETICAL, FORWARD-LOOKING, AND/OR PROJECTED FIGURES, WHICH ARE APPROXIMATE, NOT GUARANTEED AND ARE SUBJECT TO CHANGE; ACTUAL NUMBERS MAY VARY. REDSTONE DISTRIBUTED DATA ASSOCIATION AND ITS SUBSIDIARIES MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE COMPLETENESS, RELIABILITY, VALIDITY, OR ACCURACY OF THIS INFORMATION. ANY INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE.
