Supply
| Network | Address |
|---|---|
| Ethereum | 0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de |
| Base | 0x4eB92702bA4cfbF80561BAd64D89C706Ac824960 |
RedStone's blockchain oracle technology has achieved product-market fit, operating on mainnet since January 2023 and attracting users with its reliable, diverse, and robust services. Now, the RedStone Distributed Data Association introduces RED—designed to further decentralize the system and advance the long-term goals of the RedStone Ecosystem.
At the core of RedStone is the mission to support builders with any data they need, on any chain, for any use case. As the RED Token Generation Event (TGE) approaches, we present the utility and token economics of RED below.
| Category | Details |
|---|---|
| Ticker | RED |
| Max Supply | 1,000,000,000 RED |
| Percentage to Community Growth | 48.3% |
| Float at TGE | 28% |
| Token Standard | Ethereum Network: ERC-20 |
| Lock Up | 72% of RED are initially locked. These tokens will unlock over 4 years per the Token Release Schedule. |
THIS IS FOR INFORMATIONAL PURPOSES ONLY AND NOT AN OFFERING TO SELL, THE SOLICITATION OF AN OFFER TO PURCHASE, OR AN ENCOURAGEMENT TO OFFER TOKENS. YOU SHOULD NOT RELY ON THE CONTENT HEREIN FOR ADVICE OF ANY KIND, INCLUDING LEGAL, INVESTMENT, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE, AND SUCH CONTENT IS NOT A SUBSTITUTE FOR ADVICE FROM A QUALIFIED PROFESSIONAL OR YOUR OWN RESEARCH. THIS DOCUMENT CONTAINS HYPOTHETICAL, FORWARD-LOOKING, AND/OR PROJECTED FIGURES, WHICH ARE APPROXIMATE, NOT GUARANTEED AND ARE SUBJECT TO CHANGE; ACTUAL NUMBERS MAY VARY. REDSTONE DISTRIBUTED DATA ASSOCIATION AND ITS SUBSIDIARIES MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE COMPLETENESS, RELIABILITY, VALIDITY, OR ACCURACY OF THIS INFORMATION. ANY INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE.