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	0.1302USDT	2.44%	3,641,266.40RED	7,244	0.1271USDT	0.1372USDT
2	RED-USDT REDUSDT	bybit	A	0.1304USDT	2.56%	1,404,418.94RED	7,790	0.1272USDT	0.1357USDT
3	RED-TRY REDTRY	binance	AA	6.32TRY	2.60%	1,264,631.00RED	1,300	6.16TRY	6.60TRY
4	RED-USDT RED_USDT	whitebit	BB	0.1300USDT	2.20%	1,180,114.70RED	15,750	0.1272USDT	0.1366USDT
5	RED-USD RED-USD	coinbase	AA	0.1303USD	3.17%	791,843.49RED	834	0.1263USD	0.1360USD
6	RED-USD REDUSD	kraken	AA	0.1300USD	2.60%	260,702.38RED	207	0.1267USD	0.1361USD
7	RED-USDT REDNEWUSDT_SPBL	bitget	BB	0.1303USDT	2.68%	187,452.49RED	857	0.1269USDT	0.1358USDT
8	RED-TRY RED_TRY	whitebit	BB	6.36TRY	3.02%	138,681.20RED	471	6.17TRY	6.59TRY
9	RED-USDC REDUSDC	binance	AA	0.1300USDC	2.93%	105,695.00RED	278	0.1263USDC	0.1366USDC
10	RED-USDC RED_USDC	whitebit	BB	0.1302USDC	2.44%	83,122.10RED	258	0.1271USDC	0.1372USDC
11	RED-EUR RED_EUR	whitebit	BB	0.1147EUR	4.08%	58,943.50RED	257	0.1102EUR	0.1185EUR
12	RED-EUR REDEUR	kraken	AA	0.1141EUR	4.30%	43,707.07RED	60	0.1094EUR	0.1182EUR
13	RED-USDT REDSTONE-USDT	kucoin	BB	0.1322USDT	4.75%	4,806.11RED	43	0.1262USDT	0.1356USDT
14	RED-USD RED_USD	cryptodotcom	AA	0.1330USD	0.00%	0RED	0	0.1330USD	0.1330USD
15	RED-USDT REDUSDT	cexio	BB	0.1310USDT	0.83%	208.62RED	1	0.1299USDT	0.1310USDT
16	RED-USD REDUSD	cexio	BB	0.1298USD	-0.76%	197.64RED	1	0.1308USD	0.1308USD
17	RED-USDC REDUSDC	cexio	BB	0.1336USDC	5.24%	120.78RED	1	0.1269USDC	0.1336USDC
18	RED-KRW KRW-RED	upbit	B	180.00KRW	3.45%	3,188,549.28RED	898	174.00KRW	188.00KRW
19	RED-USDT sREDUSDT	phemex	C	0.1304USDT	2.84%	3,069,331.07RED	6,845	0.1268USDT	0.1361USDT
20	RED-USDT REDUSDT	bitrue	D	0.1303USDT	2.52%	1,848,986.77RED	26,454	0.1271USDT	0.1358USDT
21	RED-KRW RED_KRW	bithumbkorea	-	179.00KRW	4.07%	984,010.24RED	181	172.00KRW	186.00KRW
22	RED-USDT REDUSDT	toobit	C	0.1303USDT	2.52%	846,081.30RED	6,416	0.1271USDT	0.1356USDT
23	RED-USDT RED_USDT	coinw	-	0.1306USDT	2.67%	777,000.50RED	1,716	0.1272USDT	0.1356USDT
24	RED-USDT RED_USDT	bitunix	C	0.1302USDT	2.36%	636,946.80RED	6,596	0.1272USDT	0.1358USDT
25	RED-TRY REDTRY	btcturk	E	6.32TRY	2.36%	566,821.20RED	221	6.17TRY	6.58TRY
26	RED-USDC REDUSDC	mexc	C	0.1303USDC	2.75%	416,418.00RED	3,067	0.1268USDC	0.1354USDC
27	RED-USDC REDUSDC	bitrue	D	0.1303USDC	2.44%	400,881.30RED	12,895	0.1272USDC	0.1358USDC
28	RED-EUR RED-EUR	bitvavo	B	0.1135EUR	3.62%	392,225.43RED	198	0.1095EUR	0.1193EUR
29	RED-USDT redusdt	huobipro	C	0.1277USDT	-0.31%	135,516.70RED	320	0.1281USDT	0.1519USDT
30	RED-USDT REDUSDT	coinex	C	0.1295USDT	2.36%	7,425.49RED	2,396	0.1265USDT	0.1357USDT
31	RED-USDT RED_USDT	cryptology	D	0.1387USDT	0.00%	0RED	0	0.1387USDT	0.1387USDT
32	RED-USDT REDUSDT	btcturk	E	0.1292USDT	2.30%	1,663.00RED	4	0.1263USDT	0.1321USDT
33	RED-KRW RED_KRW	coinone	C	182.70KRW	0.00%	0RED	0	182.70KRW	182.70KRW
34	RED-IDR redidr	indodax	E	2,294.00IDR	3.47%	457.79RED	18	2,217.00IDR	2,396.00IDR
35	RED-THB THB_RED	bitkub	C	4.33THB	-2.48%	231.67RED	3	4.44THB	4.44THB
36	RED-USDT REDUSDT	hitbtc	E	0.1243USDT	0.00%	0RED	0	0.1243USDT	0.1243USDT
37	RED-USDT USDT-RED	upbit	B	0.1232USDT	0.00%	0RED	0	0.1232USDT	0.1232USDT
38	RED-BRL RED-BRL	mercadobtc	C	0.6700BRL	0.00%	0RED	0	0.6700BRL	0.6700BRL
39	RED-BTC BTC-RED	upbit	B	0.0₅2000BTC	0.00%	0RED	0	0.0₅2000BTC	0.0₅2000BTC
40	RED-USDT RED_USDT	poloniex	C	0.1200USDT	-0.17%	0RED	0	0.1202USDT	0.1202USDT