RedStone (RED) Airdrop: Details to Watch, How to Participate, and Tokenomics

RedStone serves as a reliable oracle service provider, offering continuously updated and diverse data for decentralized applications (dApps) and smart contracts across various Layer 1 and Layer 2 networks. 

The platform features a unique oracle design specifically tailored to meet the needs of modern DeFi protocols.

What is RedStone?

RedStone is a project backed by leading investors such as Coinbase Ventures, Blockchain Capital, Arweave, and MAVEN11, having successfully raised $15 million in a Series A funding round.

Currently, RedStone is running Expedition Season 3, a campaign that allows participants to earn 100 million RSG points through a collaboration with ZeroLend. 

This campaign specifically rewards users who deposit $LBTC on Base Chain with RSG and Zero Gravity points. Below are the full details of this campaign.

Read More: RedStone (RED) Coin Price: RED Coin Price Forecast for 2025

RedStone (RED) Tokenomics

RedStone has announced the tokenomics details for its RED token:

Total supply: 1 billion RED tokens.

Network: Ethereum mainnet.

Community growth allocation: 48.3%.

Circulating supply at Token Generation Event (TGE): 30% of total supply.

Locked tokens: 70% of RED tokens will initially be locked, with a 4-year vesting period.

Staking rewards: RED token holders who stake their tokens will earn rewards from RedStone data users across multiple blockchain networks, paid in popular assets such as ETH, BTC, SOL, and USDC.

Token distribution breakdown:

Community & Genesis: 10.00%

Protocol Development (Partially Locked): 10.00%

Core Contributors (Locked): 20.00%

Ecosystem & Data Providers (Partially Locked): 28.30%

Early Supporters (Locked): 31.70%

Long-term Vision & Security of RED Token

The long-term sustainability and security of the DeFi ecosystem heavily rely on a strong oracle tokenomics model. RED is designed as a utility token with an innovative value accrual mechanism, marking the first step towards a truly sustainable oracle economy.

By leveraging RedStone’s EigenLayer Active Validation Service (AVS), staking RED tokens adds a robust economic security layer to RedStone’s oracle infrastructure. This is achieved by optimizing staked RED and potentially tapping into billions of dollars staked in EigenLayer to enhance security.

RED can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who strengthen the network’s security by staking directly in RedStone AVS.

RED stakers will earn rewards from RedStone data users across hundreds of blockchains, paid in widely accepted assets such as ETH, BTC, SOL, and USDC.

How to Participate RadStone Expedition Season 3 Airdrop

How to Participate in the RedStone Expedition Season 3 Airdrop

1. Connect Your Wallet

Link your EVM wallet to Warpy on the RedStone Discord server. Join the Discord community.

2. Deposit $LBTC

Transfer $ETH to the Base network using an easy-to-use bridge.

Swap $ETH for $LBTC on platforms such as:

Aerodrome

ODOS

DeFiLlama

Stake $LBTC on Lombard Finance to prepare your tokens on the Base network.

Deposit $LBTC into the Base network pool on ZeroLend.

3. Complete Tasks on Zealy:

Follow RedStone’s mission board on Zealy.

RedStone's Uniqueness & Data

RedStone offers highly specialized data streams, extending beyond standard cryptocurrency price feeds. Its flexible data framework is designed to support innovative financial products and unique digital assets.

Its modular structure enables trusted data provision for complex instruments such as:

Liquid Restaking Tokens (LRT)

Bitcoin DeFi derivatives (BTCFi)

Various Real World Assets (RWA)

with customized validation parameters and aggregation methods.

RedStone integrates data from institutional providers with traditional crypto market data, processing these custom data streams through multiple layers of strict validation. This process includes:

Asset-specific anomaly detection

Market depth analysis

Variance checks from multiple sources

Every data stream undergoes price aggregation adjustments before being validated through a consensus mechanism, requiring approval from multiple independent operators with collateral.

Conclusion

As a reliable oracle service provider, RedStone delivers continuously updated and diverse data for decentralized applications (dApps) and smart contracts across multiple Layer 1 and Layer 2 networks. 

The platform features a distinctive oracle architecture tailored to the needs of modern DeFi protocols.

FAQ

What is RedStone?

RedStone is a project backed by top investors like Coinbase Ventures, Blockchain Capital, Arweave, and MAVEN11.

What Makes RedStone Unique?

RedStone provides specialized data streams, far beyond standard cryptocurrency price feeds.

Long-Term Vision & Security of RED Token

The sustainability and security of the DeFi ecosystem rely on a strong oracle tokenomics model.