Binance Launchpool launches RedStone (RED)

PANews February 25th news, according to official news, Binance Launchpool launched its 64th project, RedStone (RED), a multi-chain oracle that spans EVM and non-EVM chains. The web page is expected to be online within 12 hours before the start of the new currency pool.

Users will be able to lock BNB, FDUSD and USDC, and the staking starts at 02-26 00:00 (UTC). Additionally, Pre Market transactions will begin at 02-28 10:00 (UTC).

Binance reports show that the total RED tokens is 1 billion, of which Launchpool token rewards are: 40,000,000 REDs (accounting for 4% of the total token supply). Initial circulating supply at Binance's listing: 280,000,000 RED (28.00% of the total token supply).