Will the tokens dropped by Redstone (RED) be unlocked immediately?

Redstone (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?

In the cryptocurrency field, airdrop activities always attract the attention of many investors. Recently, Redstone (RED) airdrops have attracted much attention. One of the key questions is: Will the tokens dropped by Redstone (RED) be unlocked immediately? Let's take a deeper look.

Redstone (RED) Project Analysis

Redstone is an innovative multi-chain oracle across EVM and non-EVM chains. Since its operation began in 2021, it has achieved remarkable results. It has successfully supported more than 70 blockchains, covering more than 1,250 assets. With this huge asset coverage, Redstone can provide accurate price data support for both mainstream cryptocurrencies and niche digital assets. Moreover, it has received three rounds of financing, and the support of many well-known investors is undoubtedly a recognition of its potential.

Token unlocking rules

The total supply of RED tokens is set to 1 billion. In the entire token distribution system, the tokens used for airdrop account for 0.7%, and only a part of these airdrop tokens are available during the token generation event (TGE). Judging from the overall circulation situation, the initial circulation volume only accounts for 28%, and the remaining up to 72% of tokens will be gradually unlocked according to the established unlocking plan in the next 4 years. This means that the tokens dropped by Redstone (RED) will not be unlocked immediately and will have a relatively stable and long-term release process.

The unique advantages of Redstone (RED)

Technical level

1. 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.

2. 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.

3. 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.

4. 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.

Market level

1. 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.

2. 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

For BNB Holder, this Redstone (RED) airdrop brings unique revenue opportunities. Binance Launchpool has launched RedStone (RED). From 08:00 on February 26 (East Eighth Time), BNB Holder can invest BNB in ​​the RED reward pool on the Launchpool website. By participating in this two-day new coin mining activity, you will have the opportunity to obtain RED airdrop tokens. This provides BNB Holder with a new avenue of asset appreciation, earning additional benefits by participating in airdrop activities of popular projects by idle BNB. If you want to learn more about BNB, you can visit: https://www.binance.com/en/bnb.

Binance Exchange: The Bridge to Crypto Investment

Binance, as a world-renowned cryptocurrency exchange, has a huge trading volume, a huge user base and a rich trading pair. Binance Exchange is an excellent choice for investors who want to participate in Redstone (RED) airdrops and other cryptocurrencies trading.

If you do not have a Binance account yet, you can register through this registration link: . The registration process is simple and convenient. Just visit the link, fill in the relevant information as prompts, and complete identity verification.

People who want to download the Binance Exchange app can use the following

download link: .

Investment Risk Warning

Although the Redstone (RED) project has shown many advantages and potential, the cryptocurrency market is highly volatile and uncertain. Investing in Redstone (RED) also faces risks, and token prices may fluctuate due to various factors such as market supply and demand, macroeconomic environment, regulatory policies, etc. Therefore, when investors participate in related investment activities, they must fully evaluate their risk tolerance and make investment decisions with caution.

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