RED

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RedStone

Yes, RedStone Finance has launched its native token called RED. The RED token was introduced in early 2025 and is designed to enhance the security and decentralization of RedStone's oracle infrastructure[1][7]. The token enables staking through EigenLayer's Actively Validated Services and allows both data providers and token holders to earn rewards in various cryptocurrencies like ETH, BTC, SOL, and USDC[13][15].

Yes, RedStone (RED) has conducted an airdrop. The airdrop eligibility checker went live on March 5, 2025, allowing users to check if they qualified[10][13]. The airdrop was designed to reward active participants in the RedStone ecosystem, particularly those who engaged in the RedStone Expedition and various community activities[10]. However, there were some last-minute changes to the airdrop allocation. Initially, 9.5% of the total token supply was planned for community distribution, but this was reduced to 5%[16]. An additional 2% was later allocated for contributors who were omitted in the first distribution, with the remaining 4.5% to be distributed over the next six months[17].