RedStone Releases RED Token Economics: 48.3% will be allocated to the RedStone ecosystem and community

PA一线
PA一线02/13/2025, 02:00 AM

PANews reported on February 13 that according to official news, RedStone has released the token economics of the RED token. The maximum supply of RED is 1 billion, with an initial float of 30%. RED is deployed on the Ethereum mainnet as an ERC-20 token, and will be extended to multi-chain ecosystems such as Solana and Base through the Wormhole native token transfer standard after the token generation event (TGE). Among them, nearly half (48.3%) of the RED tokens will be allocated to the RedStone ecosystem and community, covering the following categories: community and genesis allocation, ecosystem and data provider incentives, and protocol development support.

In terms of specific token distribution, 10% will be allocated to the community and Genesis to reward early supporters, partners and active participants in the development of RedStone; 10% will be allocated to protocol development to support key R&D, developer resources and operational efficiency; 20% will be allocated to core contributors of the ecosystem; 28.3% will be allocated to the ecosystem and data providers; and 31.7% will be allocated to early supporters.

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Author: PA一线

This content is provided for informational purposes only and does not constitute investment advice.

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