# Why do you need RedStone? 

By [fwf](https://paragraph.com/@fwf) · 2024-02-06

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Why do you need RedStone? (@redstone\_defi)

Welcome fam! today I will tell you what this project is useful and why you should join us. Lets go!

![](https://storage.googleapis.com/papyrus_images/926635ddd160196060d878c9f635125d198bfaf1b916a0ccaa05a2b5fee950b4.jpg)

1\. Data processing speed.

Let's imagine that tomorrow Elon Musk writes on Twitter: "I buy [$BTC](https://twitter.com/search?q=%24BTC&src=cashtag_click)". Due to the hype, the price will soar, but the information about the asset's price on all CEX, DEX, DeFi platforms may differ.

![](https://storage.googleapis.com/papyrus_images/be461ef5720b9687b6841b6ac061c7bd94a409461b4c7e19ca2dd8c71ab86112.jpg)

This is because another blockchain oracle takes 10 minutes to process the information. RedStone solves this problem as its data processing speed reaches up to 10 seconds!

![](https://storage.googleapis.com/papyrus_images/be0acc2d3f3fce0e1f065729ac1fbee8ef8b6625ffe2f90a80522055b0b55597.jpg)

2\. Supported chains.

Our project supports more than 50 of the most popular EVM networks! We also support few non-EVM-compatible chains: Tron, Stacks, StarkNet, Near and Ton.

![](https://storage.googleapis.com/papyrus_images/f2ae1c98149ff9b652bf4bff6150117a725197375f3a5383bcaedc3eff912b29.jpg)

3\. Investements.

We raised over $7M in seed round investments! led by Lemiscap with the participation of SevenX and many top-class VC funds. Check our website: [https://redstone.finance](https://t.co/A8iLsga1Us) .

![](https://storage.googleapis.com/papyrus_images/c19acec91e2404da973cfe1919b4564b70599d6fee09a74c8f015350ff74d316.jpg)

4\. The best community members.

We are currently recruiting ambassadors. And our moderators will always help and answer all your questions in the general chat. You can learn about the ambassador program here: [https://redstone-finance.notion.site/RedStone-Miners-Ambassador-Program-0b5c0ac2943549ac943243b693de7bc7…](https://t.co/TblQ6a1YLK) .

![](https://storage.googleapis.com/papyrus_images/8680bca88e2a2f0591ef8a0c369f7fd3a58fd619fcc167a62e636bdfada5ef74.jpg)

RedStone is a fast-growing community and company. Join us! Change the world! Welcome to our Discord server: [https://discord.gg/uTBW9vAn](https://t.co/sWO4l6DpC3) .

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*Originally published on [fwf](https://paragraph.com/@fwf/why-do-you-need-redstone)*