Binance will be the first platform to
list RedStone (RED), with Pre-Market trading starting on February 28, 2025, at
10:00 UTC.
Binance is launching RedStone (RED) as
its 64th Launchpool project.
RedStone is a multi-chain oracle that
works across different blockchain networks.
- The official Launchpool webpage will be available
about 12 hours before farming begins.
- Farming starts on February 26, 2025, at 00:00 UTC.
- Users can lock BNB, FDUSD, or USDC to earn free RED
tokens over two days.
Binance Pre-Market Trading for RED
Binance will list RED for Pre-Market
trading on February 28, 2025, at 10:00 UTC.
- Trading will start with the RED/USDT pair.
- The official spot listing date will be announced
later.
- Pre-Market participation depends on your region and
eligibility.
New Price Cap Mechanism for Binance
Pre-Market
Binance is testing a Price Cap
Mechanism to improve trading fairness.
- For the first 72 hours, there will be limits on
price increases.
- After that, trading will be unrestricted.
Price Cap Rules
- Feb 28, 10:00 UTC – Mar 1, 09:59 UTC: Max price 200%
of the opening price.
- Mar 1, 10:00 UTC – Mar 2, 09:59 UTC: Max price 300%
of the opening price.
- Mar 2, 10:00 UTC – Mar 3, 09:59 UTC: Max price 400%
of the opening price.
- After Mar 3, 10:00 UTC: No price restrictions.
Maximum RED Holding per User: 5,000 RED
This Price Cap Mechanism is a trial,
and Binance may or may not use it for future Pre-Market listings.
RedStone (RED) Launchpool Details
- Token Name: RedStone (RED)
- Total Supply: 1,000,000,000 RED
- Launchpool Rewards: 40,000,000
RED (4% of total supply)
- Circulating Supply at Listing: 280,000,000
RED (28% of total supply)
- Network: Ethereum (Contract:
0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de)
- KYC Verification Required
Hourly Token Limits Per User
- BNB Pool: 66,666 RED
- FDUSD Pool: 8,333 RED
- USDC Pool: 8,333 RED
How to Earn RED Tokens (Farming Pools)
- BNB Pool: 32,000,000 RED (80%)
- FDUSD Pool: 4,000,000 RED (10%)
- USDC Pool: 4,000,000 RED (10%)
- Farming Period: Feb 26, 2025, 00:00 UTC –
Feb 27, 2025, 23:59 UTC.
