PANews reported on February 25 that according to official news, Binance Launchpool launched the 64th project RedStone (RED), which is a multi-chain oracle across EVM and non-EVM chains. The webpage is expected to be launched within 12 hours before the launch of the new coin pool.

Users will be able to lock BNB, FDUSD and USDC, with staking starting at 00:00 (UTC) on 02-26. In addition, Pre Market trading will begin at 10:00 (UTC) on 02-28.

According to Binance’s report, the total supply of RED tokens is 1 billion, including Launchpool token rewards: 40,000,000 RED (4% of the total token supply). The initial circulating supply at the time of listing on Binance: 280,000,000 RED (28.00% of the total token supply).