good ..Now it is buying phase should buy bnb in spot and Get Red also free..

While the Crypto market is going through a tough phase, Binance has come up with a new opportunity for it's users where users will be able to lock their BNB,  FDUSD, and USDC to receive airdrops. I am talking about the new launchpool project "RedStone"
I always say Binance launchpool is literally a free money because it doesn't hold any risk. You simply use your BNB, FDUSD or USDC to farm tokens. Before we discuss how you can participate in RED launchpool. Lets dive into the project and see what it's all about.

What is Redstone?
There is a growing need for decentralized applications (dApps) to access data feeds that are frequently updated, reliable, and secure. RedStone is a leading oracle provider directly fulfilling this need. Trusted by 100+ dApps and securing billions of dollars of value, RedStone provides customizable and cost-efficient data streams for builders empowering the next generation of dApps.
RedStone also provides data feeds to blockchains and layer 2 scaling solutions across the entire blockchain ecosystem that are both EVM and non-EVM compatible.
RedStone Live On 70+ chains
RedStone supports all EVM chains and beyond it is currently live on 70+ chains including Ethereum, Arb, BNB, Mantle and so on.

Multichain Data Delivery
RedStone's modular architecture separates data collection from data delivery, creating a flexible system that scales efficiently across blockchain networks. This design allows the same price feeds to be deployed to any supported chain without modifying the core data provider infrastructure.
RedStone achieves faster and more cost-effective expansion while maintaining consistent security standards across all networks.RedStone service is expanded to more than 70 different blockchain networks while ensuring reliable price data delivery and maintaining the same rigorous security measures across all integrations.

There are more orcales in the market right now like chainlink and pyth so what makes RedStone Unique?
Fundamentally, all blockchain oracles seek to bridge the gap between real-world information and on-chain data in a secure way. Here is the comparison between the leading blockchain oracles.
Below is the detailed table comparing the key features of blockchain oracles between RedStone, Pyth, and Chainlink.

Carefully read the above table and see what makes the Redstone unique.
RED Staking: 
Data providers in RedStone's oracle network are required to stake RED tokens to attest to the quality and consistency of the data deliveredAny tokenholder can stake RED tokens in RedStone AVS on EigenLayer, adding an additional layer of security to the oracle networkAt launch RED will be supported by partner AVS as a Liquid Restaked Token.
RedStone Tokenomics

RED 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

How To earn Red Token on Binance Launchpool?
To participate in Binance Launchpool you will need a verified Binance Account.
Like i said participating in the launchpool is a free money. If you are a holder of BNB, FDUSD or USDC you can have it by staking it Or you can buy BNB, FDUSD or USDC and stake it to get RED tokens.

Here is how you can do it simply go to the below links depending on what you have and stake it.
Get RED Tokens by staking BNB. 👈
Get RED Tokens by staking USDC 👈
Get RED tokens by staking FDUSD 👈
It's just this simple, Let the money work for you.
My Price Prediction for RED

Binance launchpool projects has been launching with a pretty impressive marketcap. On average it was $1B to $1.5B marketcap.
Lets give RED a range of $700M to $1.5B marketcap.
If Redstone launches with the marketcap of $700M to $1.5B i think the launch price will be around $2.5 - $5.3. I am talking about the official listing not the pre market price. Pre market price may vary from the official listing price.
RED Pre-Market
Red will also be listed on Binance Pre-Market at 2025-02-28 10:00 (UTC) and open pre-market trading for the RED/USDT trading pair.
Price Cap Mechanism.
To continue innovating and enhancing the trading experience for our users, Binance is introducing enhanced features for Binance Pre-Market - Price Cap Mechanism.
what does that means?
Price Cap Mechanism limits the maximum trading price to a certain percentage of the initial opening price for the first 72 hours of trading in Pre-Market.
Here are the price mechanism rules
On pre-market Maximum Holding Limit per User is: 5,000 RED
2025-02-28 10:00 (UTC) - 2025-03-01 09:59 (UTC): Maximum allowable price limit is 200% of the initial opening price 2025-03-01 10:00 (UTC) - 2025-03-02 09:59 (UTC): Maximum allowable price limit is 300% of the initial opening price2025-03-02 10:00 (UTC) - 2025-03-03 09:59 (UTC): Maximum allowable price limit is 400% of the initial opening price
I hope you found this article helpful, Let me know your thoughts about the project "RED"