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MarsBit News
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The new king of oracle machines? RedStone is about to issue a coin, revealing the rise of 90% of the re-staking market share!
Original author: AB Kuai.Dong
Reprinted by: Daisy, Mars Finance
After LINK in 2017 and PYTH in 2023, the market finally has an oracle project that is going to issue coins. It is led by Jakub, a senior Ethereum developer, and supported by Coinbase and Kraken. It is Babylon’s only on-chain quotation partner.
After 3 years, what is the potential of RedStone? This article sorts out this issue. The following is the thread
RedStone is a cross-chain oracle using Arweave technology. It is the fastest growing project in the same field this year. It mainly focuses on on-chain price feeding and support for liquidity pledge LST, re-staking ReStaking and Bitcoin ecosystem BTCFi. For example, EigenLayer, EtherFi, Renzo, Puffer, etc. are all its strategic partners. RedStone currently accounts for 90% of the re-staking market share.
Reprinted by: Daisy, Mars Finance
After LINK in 2017 and PYTH in 2023, the market finally has an oracle project that is going to issue coins. It is led by Jakub, a senior Ethereum developer, and supported by Coinbase and Kraken. It is Babylon’s only on-chain quotation partner.
After 3 years, what is the potential of RedStone? This article sorts out this issue. The following is the thread
RedStone is a cross-chain oracle using Arweave technology. It is the fastest growing project in the same field this year. It mainly focuses on on-chain price feeding and support for liquidity pledge LST, re-staking ReStaking and Bitcoin ecosystem BTCFi. For example, EigenLayer, EtherFi, Renzo, Puffer, etc. are all its strategic partners. RedStone currently accounts for 90% of the re-staking market share.
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