Binance has announced its newest project on Launchpool, called RedStone (RED). This project is a multi-chain oracle for both EVM and non-EVM networks.
New Project Announcement
Binance has revealed its 64th project on Launchpool – RedStone (RED), which is a multi-chain oracle spanning both EVM and non-EVM blockchains.
Participation and Listing Details
Users will be able to receive RED airdrops by locking their BNB, FDUSD, and USDC for two days. Farming starts at 00:00 UTC on February 26, 2025. Binance Pre-Market will list RED on February 28, 2025, at 10:00 AM UTC, with pre-market trading open for the RED/USDT pair.
Warnings and Important Information
Binance has warned investors against fake RED tokens, stating that it will be the first platform to list these tokens. Any claims of token sales before the stated timeline are likely false advertising. Binance advises doing personal research to ensure fund safety.
Binance continues to evolve its platform by offering users new investment opportunities via Launchpool, while emphasizing the importance of due diligence before any investments.
