RedStone

## What is RedStone (RED)? RedStone (RED) is the native utility token of *RedStone*, a decentralised oracle network that provides scalable, cost-efficient, and customisable data feeds for blockchain applications. It enables smart contracts to access accurate and frequently updated data across multiple ecosystems, including Ethereum Virtual Machine (EVM) and non-EVM chains.

RedStone introduces a modular architecture that separates data sourcing, processing, and delivery, aiming to improve efficiency and reduce gas costs compared to traditional blockchain oracles.

## How does RedStone Work? RedStone provides three distinct oracle models for data delivery:

1. *Push Model* - Data is stored on-chain and updated periodically. - Ensures constant availability and full control over update conditions. - Suitable for applications that require persistent on-chain data.

2. *Pull Model* - Data is fetched on-demand and included in user transactions. - Reduces gas costs and storage overhead compared to on-chain models. - Designed for low-latency applications, such as liquidations and trading.

3. *Hybrid Model (ERC-7412 Standard)* - Combines Push and Pull models, allowing applications to fetch data while maintaining an on-chain record. - Used for cost-efficiency and security, particularly in DeFi and financial applications.

Each model is designed for different use cases, ensuring flexibility and reliability.

## What is RedStone (RED) Used For? RED is the core utility token of the RedStone network, supporting:

• Data providers stake RED tokens to ensure data accuracy and reliability.
• RED holders can stake to support the network, contributing to oracle security.
• Stakers receive rewards in assets such as ETH, BTC, SOL, and USDC.

• Projects using RedStone pay for data feeds in various assets.
• Payments are distributed to stakers and data providers.

• Future governance mechanisms may allow RED holders to influence network upgrades and fee structures.

## Key Features of RedStone

• Supports over 70 blockchains, including Ethereum, Arbitrum, Optimism, Polygon, Avalanche, Fuel, and Starknet.
• Enables cross-chain data access.

• Liquid Restaking Token (LRT) feeds.
• Bitcoin DeFi (BTCFi) derivatives.
• Traditional financial data (ETF prices, institutional rates).

• Multi-source aggregation filters manipulated or unreliable data.
• Cryptographic signatures ensure data authenticity.
• Decentralised node infrastructure prevents single points of failure.

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## Who Created RedStone (RED)? RedStone was co-founded by:

Marcin Kazmierczak (Co-Founder) Alex Suvorov (Co-Founder) Jakub Wojciechowski (Co-Founder) ## Security & Data Integrity

• Median-Based Aggregation – Reduces the impact of manipulated prices.
• Time-Weighted Average Price (TWAP) – Filters short-term price anomalies.
• Liquidity-Weighted Average Price (LWAP) – Ensures pricing accuracy for lower-liquidity assets.

• Every data feed is signed cryptographically to verify authenticity.
• On-chain verification ensures data sources remain tamper-resistant.

• Data is pulled from centralised exchanges (Binance, Coinbase), decentralised exchanges (Uniswap, Curve), and aggregators (CoinMarketCap, Kaiko).
• Ensures high uptime and minimised risk of incorrect pricing.