RedStone Oracles โฆ๏ธ
@redstone_defi
Modular oracles for DeFi ๐ฎ Trusted by @pendle_fi @ether_fi @MorphoLabs @VenusProtocol @puffer_finance Leader in LST & LRT๐ง ๐ discord.gg/redstonedefi
RedStone $7M Round
1/ We are thrilled to announce our $7M Seed Round ๐
The funds will be used for further development of our cross-chain Oracles and @warp_contracts, a data-processing Smart Contracts platform on #Arweave ๐
Details below ๐งต๐
2/ RedStone is on a mission of powering #Web3 innovation with a novel Oracles design, bypassing expensive EVM-storage and utilising @streamr ๐
Continue with the thread and read the full story on our blog ๐
medium.com/@RedStone_Finance/redstone-raises-7m-seed-round-from-lemniscap-blockchain-capital-coinbase-ventures-arweave-and-52bb73541f38
3/ RedStone Oracle is ready to integrate on 30+ chains including @ethereum @0xPolygon @avalancheavax @BNBCHAIN @celoOrg @optimismFND @arbitrum @fantomFDN @Stacks @EvmosOrg @RSKsmart @kava_platform @MetisDAO @harmonyprotocol @ElrondNetwork @MoonbeamNetwork @bobanetwork and more๐
4/ We cooperate with projects on various chains, ensuring customisability and high frequency of data feeds
@DeltaPrimeDefi @prime_protocol @zkxprotocol @DLC_Link @PinnataXYZ @BrightpoolX @UniLend_Finance @emdx_io @Moola_Market @FujiDAOTR @floatcapital @float_shipping โ
5/ Thank you @Lemniscap for leading the round and partners that trusted us @blockchaincap @Coinbase @DistributedG @lattice_fund @ArweaveTeam @KR1plc @Maven11Capital @SevenXVentures @Bering_Waters @FoliusVentures @numeusxyz @graphprotocol @permanentvc @JoinCompute @4SVio ๐ค
6/ @warp_contracts applies an innovative modular architecture by decoupling storage from computation โ๏ธ
Projects that use Warp:
@BundlrNetwork @pianitynft @AkordTeam @FinanceEver @decentdotland @MetaweaveTeam @AsteroidDAO @ardriveapp @TexturyOrg @ar_io_network @permacastapp ๐
7/ We are hiring! ๐ฃ
If you want to work at the forefront of innovation with a serious dose of ownership and influence on the final product, RedStone could be just the right place for you. Check our open positions ๐
redstone.finance/careers/
8/ Join our Discord to learn how to integrate RedStone Oracles and how to build products on Warp Contracts - we will share the latest information about our ecosystem and developer updates ๐
Letโs build the future of Web3 together!
redstone.finance/discord
9/ Check out the announcement on @TheBlock__ and @CoinDesk ๐ฐ
theblock.co/post/165929/lemniscap-leads-investment-in-oracle-provider-redstones-7-million-round
coindesk.com/business/2022/08/29/defi-platform-redstone-raises-nearly-7m-to-improve-connectivity-between-blockchains-real-world-data/
You can read the unrolled version of this thread here: typefully.com/redstone_defi/aGsKN6A