Question 1

What is RedStone (RED)?

Accepted Answer

RedStone (RED) is the native utility token of **RedStone**, a decentralised oracle network that provides scalable, cost-efficient, and customisable data feeds for blockchain applications. It enables smart contracts to access accurate and frequently updated data across multiple ecosystems, including Ethereum Virtual Machine (EVM) and non-EVM chains.

RedStone introduces a modular architecture that separates data sourcing, processing, and delivery, aiming to improve efficiency and reduce gas costs compared to traditional blockchain oracles.

Question 2

How does RedStone Work?

Accepted Answer

RedStone provides three distinct oracle models for data delivery:

1. **Push Model**  
   - Data is stored on-chain and updated periodically.  
   - Ensures constant availability and full control over update conditions.  
   - Suitable for applications that require persistent on-chain data.

2. **Pull Model**  
   - Data is fetched on-demand and included in user transactions.  
   - Reduces gas costs and storage overhead compared to on-chain models.  
   - Designed for low-latency applications, such as liquidations and trading.

3. **Hybrid Model (ERC-7412 Standard)**  
   - Combines Push and Pull models, allowing applications to fetch data while maintaining an on-chain record.  
   - Used for cost-efficiency and security, particularly in DeFi and financial applications.

Each model is designed for different use cases, ensuring flexibility and reliability.

Question 3

What is RedStone (RED) Used For?

Accepted Answer

RED is the core utility token of the RedStone network, supporting:

Question 4

# **Staking & Economic Security**

Accepted Answer

- Data providers stake RED tokens to ensure data accuracy and reliability.  
- RED holders can stake to support the network, contributing to oracle security.  
- Stakers receive rewards in assets such as ETH, BTC, SOL, and USDC.

Question 5

# **Payment for Oracle Services**

Accepted Answer

- Projects using RedStone pay for data feeds in various assets.  
- Payments are distributed to stakers and data providers.

Question 6

# **Governance & Network Participation**

Accepted Answer

- Future governance mechanisms may allow RED holders to influence network upgrades and fee structures.

Question 7

# **Multi-Chain Compatibility**

Accepted Answer

- Supports over 70 blockchains, including Ethereum, Arbitrum, Optimism, Polygon, Avalanche, Fuel, and Starknet.  
- Enables cross-chain data access.

Question 8

# **Customisable Data Feeds**

Accepted Answer

RedStone provides specialised financial data, including:  
- Liquid Restaking Token (LRT) feeds.  
- Bitcoin DeFi (BTCFi) derivatives.  
- Traditional financial data (ETF prices, institutional rates).

Question 9

# **Security & Data Verification**

Accepted Answer

- Multi-source aggregation filters manipulated or unreliable data.  
- Cryptographic signatures ensure data authenticity.  
- Decentralised node infrastructure prevents single points of failure.

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Question 10

Who Created RedStone (RED)?

Accepted Answer

RedStone was co-founded by:

Marcin Kazmierczak (Co-Founder)
Alex Suvorov (Co-Founder)
Jakub Wojciechowski (Co-Founder)

Question 11

# **Multi-Layered Data Validation**

Accepted Answer

RedStone validates data through:  
- Median-Based Aggregation – Reduces the impact of manipulated prices.  
- Time-Weighted Average Price (TWAP) – Filters short-term price anomalies.  
- Liquidity-Weighted Average Price (LWAP) – Ensures pricing accuracy for lower-liquidity assets.

Question 12

# **Cryptographic Data Signing**

Accepted Answer

- Every data feed is signed cryptographically to verify authenticity.  
- On-chain verification ensures data sources remain tamper-resistant.

Question 13

# **Redundant Data Sources**

Accepted Answer

- Data is pulled from centralised exchanges (Binance, Coinbase), decentralised exchanges (Uniswap, Curve), and aggregators (CoinMarketCap, Kaiko).  
- Ensures high uptime and minimised risk of incorrect pricing.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	RED-USDT REDUSDT	binance	AA	0.1355USDT	-0.44%	1,414,779.40RED	3,756	0.1361USDT	0.1392USDT
2	RED-USDT RED_USDT	whitebit	BB	0.1354USDT	-0.73%	1,236,328.20RED	7,373	0.1364USDT	0.1396USDT
3	RED-USDT REDUSDT	bybit	A	0.1356USDT	-0.36%	661,230.47RED	5,203	0.1361USDT	0.1393USDT
4	RED-USDT REDNEWUSDT_SPBL	bitget	BB	0.1356USDT	-0.37%	423,916.95RED	555	0.1361USDT	0.1390USDT
5	RED-USD RED-USD	coinbase	AA	0.1354USD	-0.15%	341,441.68RED	279	0.1356USD	0.1389USD
6	RED-TRY RED_TRY	whitebit	BB	6.71TRY	-0.61%	231,036.30RED	1,066	6.75TRY	6.92TRY
7	RED-TRY REDTRY	binance	AA	6.71TRY	-0.30%	198,463.90RED	227	6.73TRY	6.87TRY
8	RED-USDC RED_USDC	whitebit	BB	0.1356USDC	-0.59%	182,186.20RED	704	0.1364USDC	0.1395USDC
9	RED-EUR RED_EUR	whitebit	BB	0.1212EUR	0.08%	79,450.20RED	431	0.1211EUR	0.1242EUR
10	RED-USD REDUSD	kraken	AA	0.1359USD	0.00%	38,899.55RED	37	0.1359USD	0.1386USD
11	RED-USDC REDUSDC	binance	AA	0.1356USDC	-0.22%	31,266.50RED	74	0.1359USDC	0.1388USDC
12	RED-USDT REDSTONE-USDT	kucoin	BB	0.1366USDT	0.59%	1,537.02RED	24	0.1358USDT	0.1387USDT
13	RED-USDT REDUSDT	cexio	BB	0.1380USDT	3.73%	175.04RED	1	0.1331USDT	0.1380USDT
14	RED-USD RED_USD	cryptodotcom	AA	0.1388USD	0.80%	154.00RED	2	0.1377USD	0.1388USD
15	RED-USD REDUSD	cexio	BB	0.1379USD	0.73%	153.16RED	1	0.1369USD	0.1379USD
16	RED-USDC REDUSDC	cexio	BB	0.1356USDC	1.73%	142.22RED	1	0.1333USDC	0.1356USDC
17	RED-EUR REDEUR	kraken	AA	0.1217EUR	0.00%	0RED	0	0.1217EUR	0.1217EUR
18	RED-USDT REDUSDT	bitrue	D	0.1356USDT	-0.37%	1,634,473.06RED	26,427	0.1361USDT	0.1394USDT
19	RED-KRW KRW-RED	upbit	B	181.00KRW	-0.55%	998,780.90RED	372	182.00KRW	187.00KRW
20	RED-USDT REDUSDT	toobit	C	0.1356USDT	-0.37%	602,869.50RED	5,872	0.1361USDT	0.1392USDT
21	RED-USDT RED_USDT	bitunix	C	0.1355USDT	-0.44%	544,433.10RED	6,061	0.1361USDT	0.1392USDT
22	RED-USDC REDUSDC	mexc	C	0.1352USDC	-0.60%	414,921.67RED	3,034	0.1360USDC	0.1390USDC
23	RED-USDC REDUSDC	bitrue	D	0.1354USDC	-0.44%	376,428.60RED	12,863	0.1360USDC	0.1393USDC
24	RED-USDT RED_USDT	coinw	-	0.1358USDT	-0.44%	367,021.70RED	1,661	0.1364USDT	0.1395USDT
25	RED-TRY REDTRY	btcturk	E	6.76TRY	-0.15%	107,858.30RED	62	6.77TRY	6.88TRY
26	RED-KRW RED_KRW	bithumbkorea	-	182.00KRW	0.00%	69,125.65RED	43	182.00KRW	185.00KRW
27	RED-EUR RED-EUR	bitvavo	B	0.1211EUR	0.10%	31,858.36RED	36	0.1210EUR	0.1234EUR
28	RED-BTC BTC-RED	upbit	B	0.0₅1180BTC	0.00%	0RED	0	0.0₅1180BTC	0.0₅1180BTC
29	RED-USDT redusdt	huobipro	C	0.1542USDT	3.70%	4,102.67RED	13	0.1487USDT	0.1543USDT
30	RED-USDT RED_USDT	cryptology	D	0.1387USDT	0.00%	0RED	0	0.1387USDT	0.1387USDT
31	RED-KRW RED_KRW	coinone	C	200.00KRW	0.00%	0RED	0	200.00KRW	200.00KRW
32	RED-IDR redidr	indodax	E	2,443.00IDR	-5.38%	767.57RED	23	2,582.00IDR	2,687.00IDR
33	RED-USDT REDUSDT	btcturk	E	0.1350USDT	0.00%	0RED	0	0.1350USDT	0.1350USDT
34	RED-USDT USDT-RED	upbit	B	0.1188USDT	0.00%	0RED	0	0.1188USDT	0.1188USDT
35	RED-USDT REDUSDT	hitbtc	E	0.1243USDT	0.00%	0RED	0	0.1243USDT	0.1243USDT
36	RED-THB THB_RED	bitkub	C	4.58THB	0.00%	0RED	0	4.58THB	4.58THB
37	RED-USDT RED_USDT	poloniex	C	0.1805USDT	0.00%	0RED	0	0.1805USDT	0.1805USDT
38	RED-BRL RED-BRL	mercadobtc	C	0.8998BRL	20.37%	2.72RED	2	0.7475BRL	0.8998BRL