Гаманець для RedStone

What is RedStone (RED)?

RedStone is an oracle: a network of data providers that signs price data off-chain and delivers it to lending markets, stablecoin issuers and yield protocols that need to know what their collateral is worth. Its specialty is the harder feeds - liquid staking and restaking tokens, Bitcoin LSTs, tokenized real-world assets - where a price has to track a rate that changes on-chain rather than a simple spot quote. RED is the token of that network.

What RED does: node operators who sign feeds stake it, and a signed value that turns out to be wrong can cost them their stake. For a plain holder none of that happens on its own. RED in a wallet is a static ERC-20 balance: it does not grow, split or change shape. Taking part in staking is a separate action you deliberately sign, not something the token does in the background.

Where it lives: RED is an ERC-20 on Ethereum, and there is a version on Base as well. Both networks pay fees in ETH, but it is the ETH of the network you are sending from, so an Ethereum RED transfer needs a little Ethereum ETH and a Base RED transfer needs Base ETH. Part of the token was first distributed through an exchange launchpool, so many balances first arrived as a withdrawal, and the network picked at that moment is the network the RED sits on now. The ticker RED is also worn by unrelated tokens on other chains; the oracle token is the one issued by RedStone.

Supported networks in Tangem (2): Base, Ethereum. Ethereum RED and Base RED appear in the Tangem app as two separate entries, so when you send, you are choosing a network, not just pasting an address. The same address on the wrong network is a mistake no wallet can see for you, which is exactly why it helps that the choice sits in plain view rather than behind a default. For a token that lives in two places, that visibility is the reason to keep RED here.