Will the tokens dropped by Redstone (RED) be unlocked immediately?
Mar 04, 2025 pm 06:18 PMRedstone (RED) airdrop has sparked heated discussions, and its token unlocking mechanism has become the focus of investors. This article analyzes the Redstone project in depth, an innovative multi-chain oracle that supports more than 70 blockchains and covers more than 1,250 assets, and has received multiple rounds of financing. The total amount of RED tokens is 1 billion, with airdrop accounting for only 0.7%, and only partially unlocked during TGE, with only 28% of the initial circulation, and the remaining 72% will be gradually unlocked within four years. With its strong cross-chain capabilities, extensive asset coverage, ultra-high reliability and advanced modular architecture, Redstone has rapidly emerged in the market and has become the second largest multi-chain oracle provider. BNB holders can participate in RED reward pool mining through Binance Launchpool to obtain airdrops, but they need to pay attention to the high risk of cryptocurrency investment and make cautious decisions.
Will the airdropped tokens be unlocked for circulation immediately?
Redstone (RED) Project Analysis
Token unlocking rules
The unique advantages of Redstone (RED)
Technical level
- Strong cross-chain capabilities: Supports more than 70 chains. This extensive cross-chain support allows Redstone to easily interact with various different types of blockchains. Whether it is emerging blockchain projects or mature mainstream chains, Redstone can achieve efficient data transmission and sharing with Redstone.
- Wide asset coverage: Covering more than 1,250 assets, whether it is common cryptocurrencies such as Bitcoin, Ethereum, or some emerging DeFi project tokens, Redstone can provide them with accurate price data, meeting the diversified data needs of different investors and project parties.
- Extreme reliability: There has never been a failure or wrong pricing incident since its launch. In the ever-changing cryptocurrency market, this undoubtedly provides investors and project parties with great confidence, ensuring the stability of various transactions and applications based on Redstone data.
- Advanced modular architecture : This architecture allows projects to easily integrate new assets, not only greatly reduces the latency of data transmission, but also supports seamless expansion of decentralized applications (dApps). At the same time, it provides two data transmission modes: pull and push, providing more choices for users with different needs.
- Significant customer growth: In 2024, Redstone established partnerships with over 100 new customers and released related apps on more than 30 chains. With a total lock-in value (TVS) of over $6.8 billion, it has rapidly risen to become the second largest multi-chain oracle provider, a achievement that fully demonstrates its competitiveness and popularity in the market.
- Strong partner lineup: Cooperate with many well-known DeFi agreements such as Spark, Pendle, Ethena, etc. The choice of these partners not only reflects Redstone's advantages in technology and services, but also further expands its influence in the DeFi field and brings more potential value to users.
The benefits of Redstone (RED) airdrops to BNB Holder
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