{"id":37262,"date":"2025-02-25T13:30:10","date_gmt":"2025-02-25T10:30:10","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=37262"},"modified":"2025-02-25T13:05:24","modified_gmt":"2025-02-25T10:05:24","slug":"binance-launchpool-introduces-redstone-red-token","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/binance-launchpool-introduces-redstone-red-token\/","title":{"rendered":"Binance Launchpool Introduces RedStone (RED) Token"},"content":{"rendered":"<p><a href=\"https:\/\/coinengineer.net\/blog\/us-bitcoin-etfs-lose-1-14-billion-in-two-weeks\/\"><strong>Binance Launchpool Introduces RedStone (RED)<\/strong><\/a> and Upward Circuit Breaker Mechanism for<strong> Binance Pre-Market.<\/strong><\/p>\n<p data-start=\"0\" data-end=\"162\">Binance is excited to announce RedStone (RED), a multi-chain oracle project working across both EVM and non-EVM chains, as the 64th project on Binance Launchpool.<\/p>\n<p data-start=\"164\" data-end=\"263\">The webpage is expected to be available within approximately 12 hours before the Launchpool starts.<\/p>\n<p data-start=\"265\" data-end=\"410\">Users will be able to lock BNB, FDUSD, and USDC to receive RED airdrops over two days, with farming starting at 00:00 (UTC) on February 26, 2025.<\/p>\n<p data-start=\"412\" data-end=\"799\" data-is-last-node=\"\" data-is-only-node=\"\"><strong data-start=\"412\" data-end=\"427\">Pre-Market:<\/strong> Binance Pre-Market will list RED at 10:00 (UTC) on February 28, 2025, and open pre-market trading for the RED\/USDT trading pair. The end time for Pre-Market and the spot listing date will be announced later. Please stay tuned for our upcoming announcements. Participation in Binance Pre-Market is subject to eligibility based on the user&#8217;s country or region of residence.<\/p>\n<hr \/>\n<p data-start=\"412\" data-end=\"799\" data-is-last-node=\"\" data-is-only-node=\"\"><a href=\"https:\/\/accounts.binance.com\/en\/register?ref=B4DLQJE0\"><strong>Click here to register on Binance with a 20% commission discount!<\/strong><\/a><\/p>\n<hr \/>\n<p data-start=\"0\" data-end=\"60\"><strong data-start=\"0\" data-end=\"60\">Upward Circuit Breaker Mechanism for Binance Pre-Market:<\/strong><\/p>\n<p data-start=\"62\" data-end=\"216\">To continue providing an innovative and enhanced trading experience for users, Binance is introducing the upward circuit breaker mechanism for Pre-Market.<\/p>\n<p data-start=\"218\" data-end=\"460\">This mechanism limits the maximum trading price to a certain percentage of the initial opening price for the first 72 hours of Pre-Market. After the initial 72 hours, the price restrictions will be lifted, and trading will continue as normal.<\/p>\n<p data-start=\"462\" data-end=\"673\">Please note that this upward circuit breaker mechanism is currently being trialed for the RED token launch, and it is yet to be determined whether it will be a permanent feature for future Pre-Market operations.<\/p>\n<p data-start=\"675\" data-end=\"698\"><strong data-start=\"675\" data-end=\"698\">Pre-Market Details:<\/strong><\/p>\n<ul data-start=\"700\" data-end=\"747\">\n<li data-start=\"700\" data-end=\"747\"><strong data-start=\"702\" data-end=\"737\">Maximum Holding Limit per User:<\/strong> 5,000 RED<\/li>\n<\/ul>\n<p data-start=\"749\" data-end=\"782\"><strong data-start=\"749\" data-end=\"782\">Upward Circuit Breaker Rules:<\/strong><\/p>\n<ul data-start=\"784\" data-end=\"1205\">\n<li data-start=\"784\" data-end=\"899\"><strong data-start=\"786\" data-end=\"840\">2025-02-28, 10:00 (UTC) &#8211; 2025-03-01, 09:59 (UTC):<\/strong> Maximum allowable price limit is 200% of the opening price<\/li>\n<li data-start=\"900\" data-end=\"1015\"><strong data-start=\"902\" data-end=\"956\">2025-03-01, 10:00 (UTC) &#8211; 2025-03-02, 09:59 (UTC):<\/strong> Maximum allowable price limit is 300% of the opening price<\/li>\n<li data-start=\"1016\" data-end=\"1131\"><strong data-start=\"1018\" data-end=\"1072\">2025-03-02, 10:00 (UTC) &#8211; 2025-03-03, 09:59 (UTC):<\/strong> Maximum allowable price limit is 400% of the opening price<\/li>\n<li data-start=\"1132\" data-end=\"1205\"><strong data-start=\"1134\" data-end=\"1168\">After 2025-03-03, 10:00 (UTC):<\/strong> No price restrictions for Pre-Market<\/li>\n<\/ul>\n<p data-start=\"1207\" data-end=\"1234\"><strong data-start=\"1207\" data-end=\"1234\">RED Launchpool Details:<\/strong><\/p>\n<ul data-start=\"1236\" data-end=\"1598\">\n<li data-start=\"1236\" data-end=\"1268\"><strong data-start=\"1238\" data-end=\"1253\">Token Name:<\/strong> RedStone (RED)<\/li>\n<li data-start=\"1269\" data-end=\"1321\"><strong data-start=\"1271\" data-end=\"1303\">Total and Max. Token Supply:<\/strong> 1,000,000,000 RED<\/li>\n<li data-start=\"1322\" data-end=\"1395\"><strong data-start=\"1324\" data-end=\"1353\">Launchpool Token Rewards:<\/strong> 40,000,000 RED (4% of total token supply)<\/li>\n<li data-start=\"1396\" data-end=\"1496\"><strong data-start=\"1398\" data-end=\"1452\">Initial Circulating Supply When Listed on Binance:<\/strong> 280,000,000 RED (28% of total token supply)<\/li>\n<li data-start=\"1497\" data-end=\"1598\"><strong data-start=\"1499\" data-end=\"1536\">Smart Contract \/ Network Details:<\/strong> Ethereum Network (0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de)<\/li>\n<\/ul>\n<p data-start=\"1600\" data-end=\"1685\">Launchpool Terms apply. Users are required to complete KYC to Binance\u2019s satisfaction.<\/p>\n<p data-start=\"1687\" data-end=\"1716\"><strong data-start=\"1687\" data-end=\"1716\">Hourly Hard Cap per User:<\/strong><\/p>\n<ul data-start=\"1717\" data-end=\"1798\">\n<li data-start=\"1717\" data-end=\"1743\"><strong data-start=\"1719\" data-end=\"1732\">BNB Pool:<\/strong> 66,666 RED<\/li>\n<li data-start=\"1744\" data-end=\"1771\"><strong data-start=\"1746\" data-end=\"1761\">FDUSD Pool:<\/strong> 8,333 RED<\/li>\n<li data-start=\"1772\" data-end=\"1798\"><strong data-start=\"1774\" data-end=\"1788\">USDC Pool:<\/strong> 8,333 RED<\/li>\n<\/ul>\n<p data-start=\"1800\" data-end=\"1942\">For more information about RedStone (RED), you can refer to our research report, which will be available within 24 hours of this announcement.<\/p>\n<p data-start=\"1944\" data-end=\"1964\"><strong data-start=\"1944\" data-end=\"1964\">Supported Pools:<\/strong><\/p>\n<ul data-start=\"1965\" data-end=\"2113\">\n<li data-start=\"1965\" data-end=\"2014\"><strong data-start=\"1967\" data-end=\"1980\">Lock BNB:<\/strong> 32,000,000 RED in rewards (80%)<\/li>\n<li data-start=\"2015\" data-end=\"2065\"><strong data-start=\"2017\" data-end=\"2032\">Lock FDUSD:<\/strong> 4,000,000 RED in rewards (10%)<\/li>\n<li data-start=\"2066\" data-end=\"2113\"><strong data-start=\"2068\" data-end=\"2082\">Lock USDC:<\/strong> 4,000,000 RED in rewards (10%)<\/li>\n<\/ul>\n<p data-start=\"2115\" data-end=\"2136\"><strong data-start=\"2115\" data-end=\"2134\">Farming Period:<\/strong><\/p>\n<ul data-start=\"2137\" data-end=\"2192\">\n<li data-start=\"2137\" data-end=\"2192\"><strong data-start=\"2139\" data-end=\"2192\">2025-02-26, 00:00 (UTC) &#8211; 2025-02-27, 23:59 (UTC)<\/strong><\/li>\n<\/ul>\n<p data-start=\"2194\" data-end=\"2259\"><strong data-start=\"2194\" data-end=\"2259\">Daily Reward Distribution (00:00:00 &#8211; 23:59:59 UTC Each Day):<\/strong><\/p>\n<ul data-start=\"2261\" data-end=\"2482\" data-is-only-node=\"\" data-is-last-node=\"\">\n<li data-start=\"2261\" data-end=\"2298\"><strong data-start=\"2263\" data-end=\"2272\">Date:<\/strong> 2025-02-26 &#8211; 2025-02-27<\/li>\n<li data-start=\"2299\" data-end=\"2342\"><strong data-start=\"2301\" data-end=\"2325\">Total Daily Rewards:<\/strong> 20,000,000 RED<\/li>\n<li data-start=\"2343\" data-end=\"2389\"><strong data-start=\"2345\" data-end=\"2372\">BNB Pool Daily Rewards:<\/strong> 16,000,000 RED<\/li>\n<li data-start=\"2390\" data-end=\"2437\"><strong data-start=\"2392\" data-end=\"2421\">FDUSD Pool Daily Rewards:<\/strong> 2,000,000 RED<\/li>\n<li data-start=\"2438\" data-end=\"2482\" data-is-last-node=\"\"><strong data-start=\"2440\" data-end=\"2468\">USDC Pool Daily Rewards:<\/strong> 2,000,000 RED<\/li>\n<\/ul>\n<p><em>In the comment section, you can freely share your comments and\u00a0 opinions about the topic. Additionally, don\u2019 t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram<\/strong>,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0for the latest <a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance Launchpool Introduces RedStone (RED) and Upward Circuit Breaker Mechanism for Binance Pre-Market. Binance is excited to announce RedStone (RED), a multi-chain oracle project working across both EVM and non-EVM chains, as the 64th project on Binance Launchpool. The webpage is expected to be available within approximately 12 hours before the Launchpool starts. Users will<\/p>\n","protected":false},"author":29,"featured_media":37264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[22,1909,12128,12127],"class_list":["post-37262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchange-news","tag-binance","tag-binance-launchpool","tag-how-to-join-launchpool","tag-redstone-red"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Launchpool Introduces RedStone (RED) Token - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/binance-launchpool-introduces-redstone-red-token\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Launchpool Introduces RedStone (RED) Token - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Binance Launchpool Introduces RedStone (RED) and Upward Circuit Breaker Mechanism for Binance Pre-Market. 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