RedStone (RED)

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Tokenomics & Utility

Supply, standard, and distribution

RED is an ERC‑20 token with a fixed maximum supply of 1,000,000,000. At launch, the token’s initial float was under one‑third of the total supply, with the remainder unlocking over four years. Distribution is designed to balance community growth, core contributors, early backers, and ecosystem incentives. A published breakdown shows categories such as Community & Genesis (10%), Protocol Development (10%), Core Contributors (20%), Binance Launchpool (4%), Ecosystem & Data Providers (about 24.3%), and Early Backers (31.7%). The token contract is deployed on Ethereum, with multichain availability provided via Wormhole after the token generation event; RedStone has also published addresses for Ethereum and Base. (docs.redstone.finance)

Staking and value flow

RED is designed as a utility token tied to network security. Data providers and token holders can stake RED into the RedStone AVS to help secure data delivery. As RedStone feeds are used across chains, a portion of fees paid by data users can accrue to stakers, with rewards denominated in widely used assets like ETH, BTC, SOL, or USDC. The aim is to create a sustainable flywheel: more feeds and more usage deepen rewards for stakers, which in turn strengthens the oracle’s security and reach. (docs.redstone.finance)

Decentralization roadmap

The token’s role fits a broader plan to decentralize RedStone’s oracle modules and economic guarantees. By pairing RED staking with EigenLayer’s shared security, the network can lean on both its native token and restaked collateral from a large, diverse operator set. Over time, more feeds and more networks are expected to join the AVS‑secured path. (blog.redstone.finance)