Time to read: 1 min
Redstone Finance
RedStone Finance offers modular, cross-chain Oracle solutions tailored for DeFi applications. With compatibility across EVM and non-EVM ecosystems such as Rootstock, RedStone empowers developers to access accurate, real-time, and customizable data feeds for diverse use cases such as DEX pricing, yield-bearing collaterals, and staking protocols.
The system emphasizes scalability, cost-efficiency, and flexibility, leveraging technologies like Arweave for data archiving.
Core Features​
-
Oracle Models:
- Pull Model: Low gas costs with dApps fetching signed data on-demand.
- Push Model: Traditional oracle system with dApps controlling update conditions.
- X Model: Zero-latency feeds, ideal for derivatives like perpetuals and options.
-
Types of Data Feeds:
- Market Feed: Prices from exchanges (e.g., ETH/USD).
- Contract Rate Feed: Ratios derived from smart contracts (e.g., stETH/wstETH).
- Proof of Reserve: Verifies assets backing issued tokens (e.g., NAV feeds).
- Real-World Data: Institutional data like staking yields.
-
Supported Chains: RedStone operates across
- Rootstock And other chains, ensuring seamless integration for diverse blockchain ecosystems.
For more information and advanced features, visit the
