RedStone is an Oracle system that provides reliable, frequently updated, and diverse data feeds for dApps and smart contracts on multiple L1s & L2s. It offers a radically different Oracles design catering to the needs of modern DeFi protocols.

Redstone was built for:

Pushing data on-chain, regardless of its use, is a massive waste of resources. Obsolete and monolithic architecture limits scalability (it’s hard to list new assets or reduce latency). Protocols cannot fully decide on trusted sources and data update conditions. End-users depend entirely on relayers and could be cut off from the service. Redstone offers the following solutions:

Data providers can avoid the requirement of continuous on-chain data delivery. End users can self-deliver signed Oracle data on-chain. The decentralized Streamr network is used to deliver signed oracle data to the end users. Token incentives are used to motivate data providers to maintain data integrity and uninterrupted service. The Arweave blockchain is leveraged as cheap and permanent storage for archiving Oracle data and maintaining data providers’ accountability.

Here are some critical facts about RedStone:

The modular architecture maintains data integrity from source to smart contracts. There are three different ways to integrate their service tailored to your needs.
They provide feeds for over 1000 assets, integrating ~50 data sources.
They are present on 20+ chains.

With its distinctive architecture, RedStone is capable of offering over 1000 price feeds for a wide range of data types, such as:

• Cryptocurrencies

• Stocks

• Fiat currencies

• Commodities

• ETFs

• And …

  You can check here for more info.

Three Integration MethodsBased on the smart contract architecture and business requirements, we can deliver data using three distinct models:

1. Redstone Core: Data is dynamically added to user transactions, ensuring optimal gas efficiency and an excellent user experience, as the entire process occurs within a single transaction.

2. Redstone Classic: Data is transferred to on-chain storage via a relayer. This model is tailored for protocols built on the traditional Oracles model, allowing them to maintain complete control over data sources and update conditions.

3. Redstone X: Catering to the needs of advanced protocols like perpetual, options, and derivatives, this model eliminates front-running risks by providing price feeds in the next block immediately following user interactions.

To obtain additional information about RedStone, please visit the provided source:
RedStone blog
RedStone website

RedStone is an Oracle system that provides reliable, frequently updated, and diverse data feeds for dApps and smart contracts on multiple L1s & L2s. It offers a radically different Oracles design catering to the needs of modern DeFi protocols.

Redstone was built for:

Pushing data on-chain, regardless of its use, is a massive waste of resources. Obsolete and monolithic architecture limits scalability (it’s hard to list new assets or reduce latency). Protocols cannot fully decide on trusted sources and data update conditions. End-users depend entirely on relayers and could be cut off from the service. Redstone offers the following solutions:

Data providers can avoid the requirement of continuous on-chain data delivery. End users can self-deliver signed Oracle data on-chain. The decentralized Streamr network is used to deliver signed oracle data to the end users. Token incentives are used to motivate data providers to maintain data integrity and uninterrupted service. The Arweave blockchain is leveraged as cheap and permanent storage for archiving Oracle data and maintaining data providers’ accountability.

Here are some critical facts about RedStone:

The modular architecture maintains data integrity from source to smart contracts. There are three different ways to integrate their service tailored to your needs.
They provide feeds for over 1000 assets, integrating ~50 data sources.
They are present on 20+ chains.

With its distinctive architecture, RedStone is capable of offering over 1000 price feeds for a wide range of data types, such as:

• Cryptocurrencies

• Stocks

• Fiat currencies

• Commodities

• ETFs

• And …

  You can check here for more info.

Three Integration MethodsBased on the smart contract architecture and business requirements, we can deliver data using three distinct models:

1. Redstone Core: Data is dynamically added to user transactions, ensuring optimal gas efficiency and an excellent user experience, as the entire process occurs within a single transaction.

2. Redstone Classic: Data is transferred to on-chain storage via a relayer. This model is tailored for protocols built on the traditional Oracles model, allowing them to maintain complete control over data sources and update conditions.

3. Redstone X: Catering to the needs of advanced protocols like perpetual, options, and derivatives, this model eliminates front-running risks by providing price feeds in the next block immediately following user interactions.

To obtain additional information about RedStone, please visit the provided source:
RedStone blog
RedStone website