RedStone Oracles | Avalanche Docs

Overview

RedStone Oracles is a fast-growing modular oracle solution designed to provide gas-optimized and reliable price feeds across over 50 blockchain networks and rollups. Specializing in supporting yield-bearing collateral for lending markets, such as liquid staking tokens (LSTs) and liquid restaking tokens (LRTs), RedStone offers a scalable and flexible solution for decentralized finance (DeFi) platforms.

Features

Modular and Flexible Oracle System: RedStone’s architecture allows seamless integration of data feeds across multiple Layer 1 (L1), Layer 2 (L2), app chains, and non-EVM chains.
Gas-Optimized Data Feeds: RedStone minimizes gas costs, reducing the expenses associated with putting data on the blockchain.
Diverse and Reliable Data Sources: Data is aggregated from a wide range of sources, including directly from liquidity pools, ensuring accuracy of data.

Getting Started

To integrate RedStone Oracles into your application:

Visit the RedStone Website: Explore the RedStone Oracle website to understand the range of services and integrations available.
Access the Documentation: Review the RedStone Documentation for detailed guidance on selecting the right oracle model for your dApps.
Integrate and Expand: Implement RedStone’s data feeds in your smart contracts and reach out to the RedStone team for any support needed during the integration process.

Documentation

For in-depth integration instructions, oracle model selection, and data feed details, visit the RedStone Documentation.

Use Cases

RedStone Oracles is ideal for applications that require reliable and cost-efficient data feeds:

Traditional DeFi Platforms: Easily integrate RedStone's Push model into existing DeFi protocols.
Liquid Staking and Restaking Platforms: Manage LSTs and LRTs with precise and timely data not supported by other oracles.
Bitcoin in DeFi: Unlock Bitcoin’s potential in DeFi.

Conclusion

RedStone Oracles provides a modular, flexible, and gas-optimized solution for decentralized applications, backed by some of the most respected names in the Web3 ecosystem. Whether you're working with LSTs, integrating Bitcoin into DeFi, or seeking a reliable oracle across multiple blockchains, RedStone offers the tools and resources necessary for successful data integration and application development.