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ETH $1,662.49 +1.35%
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XRP $1.12 -1.60%
SOL $65.70 -0.28%
TRX $0.3262 -0.86%
DOGE $0.0851 -0.48%
ADA $0.1634 -1.31%
BCH $201.17 -11.10%
LINK $7.88 +0.92%
HYPE $61.45 +2.43%
AAVE $62.62 -2.17%
SUI $0.7483 -1.19%
XLM $0.2033 -1.74%
ZEC $428.73 +6.75%

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

2025-02-13 09:08:59
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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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