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BTC $78,635.11 -0.50%
ETH $2,489.59 +0.15%
BNB $755.05 +2.20%
XRP $1.42 +1.97%
SOL $103.61 +0.16%
TRX $0.3391 +1.45%
DOGE $0.0905 -0.20%
ADA $0.2202 +0.21%
BCH $258.99 +0.18%
LINK $12.49 -1.74%
HYPE $85.56 +0.94%
AAVE $129.02 -1.96%
SUI $0.8176 -0.30%
XLM $0.1881 -1.95%
ZEC $1,185.59 +4.50%

RedStone Oracles releases RED token economics, with 10% allocated for community and genesis distribution

2025-02-13 09:08:59

ChainCatcher news, DeFi oracle RedStone Oracles has released the RED token economics. The total supply of RED is 1 billion, of which 48.3% will be allocated to the ecosystem and community (10% will be used for protocol development, 28.3% will be used for ecosystem and data providers, 10% will be used for community and genesis distribution), 20% will be allocated to core builders, and 31.7% will be allocated to early supporters.

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