RedStone (RED) X Binance Launchpool

in #freecoins242 days ago

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About Airdrop
Binance is the world’s largest cryptocurrency exchange by trading volume, recognized for its extensive range of services, including trading, staking, and yield farming. The platform continually innovates by offering new programs that provide users with exclusive access to tokens, rewards, and other unique opportunities in the crypto space. Binance’s Launchpool is one of these initiatives, allowing users to farm new tokens by staking their existing crypto assets, such as BNB and FDUSD.

RedStone is a leading oracle provider directly fulfilling this need. Trusted by 100+ dApps and securing billions of dollars of value, RedStone provides customizable and cost-efficient data streams for builders empowering the next generation of dApps. RedStone also provides data feeds to blockchains and layer 2 scaling solutions across the entire blockchain ecosystem that are both EVM and non-EVM compatible.

Join RedStone (RED) X Binance Launchpool!

Binance is excited to announce the 64th Project on Binance Launchpool – RedStone (RED), a native EVM-compatible L1 blockchain for user-owned data. Users will be able to lock their BNB, FDUSD, and USDC to receive a share of 40,000,000 $RED Airdrops over two days, with farming starting from 2025-02-26 00:00 (UTC)! Check our complete and simple step-by-step guide to participate in RedStone (RED) X Binance Launchpool.

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Step-by-step guide

Register on Binance Exchange and complete your KYC.
Visit the RedStone (RED) on Binance Launchpool Event Page.

Stake to earn $RED tokens:

RED Launchpool Details:

Launchpool Token Rewards: 40,000,000 $RED

Hourly Hard Cap per User:

66,666 $RED in BNB pool
8,333 $RED in FDUSD pool
8,333 RED in USDC pool

Supported Pools:

Lock BNB: 32,000,000 $RED in rewards (85%)
Lock FDUSD: 4,000,000 $RED in rewards (10%)
Lock USDC: 4,000,000 $RED in rewards (10%)

Note:

Farming Period: 2025-02-26 00:00 (UTC) to 2025-02-28 00:00 (UTC).
Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.
Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour.
Launchpool Terms will apply and KYC completed to Binance’s satisfaction is required.
Users will be able to unlock their funds at any time with no delay and participate in any other available Launchpools immediately.
Tokens locked in each Launchpool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.

You can read more about this here: https://freecoins24.io/airdrops/redstone-red-x-binance-launchpool/