RedStone

Explore the tokenomics of RedStone(RED) and review the project details below.

What is the allocation for RedStone(RED)?

The maximum supply of RED is 1,000,000,000 (one billion) tokens, with an initial float of 30%. RED is implemented as an ERC-20 token on Ethereum Mainnet and will be available on Solana, Base, and other networks after the Token Generation Event via the Wormhole Native Token Transfer standard.

Nearly half of all RED tokens (48.3%) will be allocated to the RedStone Ecosystem & Community across the following categories: Community & Genesis, Ecosystem & Data Providers, and Protocol Development.

Community & Genesis: 10% of RED tokens will be distributed to the RedStone community through initial claim activities. The Community & Genesis allocation is a cornerstone of RedStone's tokenomics, recognizing the crucial role the community plays in the protocol's long-term success. These tokens will be distributed via carefully designed airdrops to reward early supporters, partners, and active participants involved in RedStone's growth. This strategy ensures fair representation for the ecosystem's earliest adopters and ongoing contributors.

Protocol Development: 10% of RED tokens are allocated to Protocol Development, ensuring RedStone's long-term sustainability and growth. This fund supports critical research and development, developer resources, and operational efficiency.

Core Contributors (20%): 20% of RED tokens are allocated to Core Contributors of the RedStone Ecosystem, recognizing those who built the protocol's foundation and will continue driving its long-term growth. This allocation secures the commitment of key contributors across security, engineering, product development, community, marketing, strategy, business development, and operations.

Ecosystem & Data Providers: 28.3% of RED tokens are allocated to the Ecosystem & Data Providers category. The Ecosystem portion fuels RedStone's innovation and community growth, empowering builders, innovators, and community leaders through targeted grants and incentives. This fund supports community-driven initiatives, educational programs, and activities that drive market growth and adoption, with a focus on projects that add clear value to RedStone's expansion. It also incentivizes the adoption of new products and services until they reach critical mass.

Early Backers: 31.7% of RED tokens are allocated to Early Backers, who provided vital financial, advisory, and strategic support during RedStone's development. Their industry expertise and infrastructure capabilities have been key in strengthening the protocol's foundation.

What is the supply schedule for RedStone(RED)?

70% of RED are initially locked. These tokens will unlock over 4 years per the Token Release Schedule below.