Binance Launchpool Has Announced RedStone ($RED) as Its 64th Project

RedStone, which has been live since 2021, is backed by leading blockchain investors, including: among others.

Binance has announced multi-chain oracle across EVM and non-EVM chains, RedStone ($RED), as the 64th project on Binance Launchpool.Launching on Binance Launchpool on February 26 at 00:00 (UTC), users can lock their BNB, FDUSD, and USDC to receive $RED airdrops over two days, with farming starting at 00:00 UTC. Afterwards, Binance Pre-Market will list $RED at 2025-02-28 10:00 (UTC) and open pre-market trading for the $RED/USDT trading pair.By participating, you can farm $RED tokens through Launchpool staking or trade them early in Pre-Market before the official listing – giving you a first-mover advantage in this exciting new opportunity!What is Binance Pre-Market?Binance Pre-Market is a unique trading phase that allows users to buy and sell tokens before they are officially listed on the exchange. This early access period helps stabilize initial trading activity and gives participants a first-mover advantage. To ensure fair participation, Binance is also introducing a Price Cap Mechanism, which limits extreme price fluctuations in this phase.In the first 72 hours, there’s a maximum price limit for $RED to reduce volatility. In the first 24 hours, the price of $RED will not go above 200% of the opening price. A snapshot of the $RED token price is taken at the time of listing on Binance. Afterward, the price will be allowed to move naturally within the boundaries set by the Price Cap Mechanism. This approach aims to provide a balanced and sustainable start to trading $RED on Binance.Key Strengths of RedStone (RED)