On March 6th, in response to community concerns, RedStone announced adjustments to the selection process and allocation of RED airdrops. RedStone has decided to allocate an additional 2% of RED's total supply from the "Ecosystem and Data Providers" on the basis of the original 5% of the total supply of Miner airdrops to compensate for the contributors missed in the initial airdrops. Eligibility for receiving additional airdrops has been re-evaluated, and eligible users have been determined based on the collected proof of participation. The 2% share will be open for collection at 00:00 (Beijing time) on March 7, 2025.
In addition, RedStone plans to allocate an additional 4.5% of RED 6 months after TGE (September 6, 2025), with the total supply used to support DeFi projects using RedStone price oracles and further distributed by these projects to its ecosystem users. Currently eligible projects include multiple DeFi platforms such as Euler, Gearbox, Pendle, Venus, Fraxlend, Evaa, Angle, etc.
RedStone adjusts RED airdrop allocation, adds 2% quota to compensate missed community members
2025-03-06 14:29:51
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