NEW: @extendedapp chose RedStone Live as the data layer behind their selected real-world markets.
Launching with precious metals and FX. Then expanding into industrial metals, indices, and energy.
The roadmap starts here. Expect more.
3/ On Morpho Blue, the oracle a market launches with is the oracle it runs with forever. No governance mechanism to change it.
At $9.9B+ TVL, the oracle decision matters more here than almost anywhere else in DeFi.
2/ Across chains like Ethereum, Base, HyperEVM, Tempo, Kaia, Katana, and Monad.
@gauntlet_xyz, @SentoraHQ, @SteakhouseFi, @Re7Labs, @Featherlend, and others have consistently chosen RedStone feeds where asset complexity demanded it. Zero mispricing events across all of them.
1/ RedStone has been the oracle layer for Morpho Blue since genesis in January 2024.
One of two providers available to curators at launch. That role has expanded every time Morpho has deployed on a new chain.
3/ Oracle infrastructure is also planned for the network.
As RWA activity scales on XDC, reliable onchain pricing will be as important as the consensus layer.
2/ XDC has positioned itself as a blockchain for trade finance and tokenized real-world assets.
Institutional adoption in onchain finance is counterparty-driven, and who operates the infrastructure is a key element of how allocators evaluate a network for RWA issuance.
1/ RedStone and Credora are joining the validator set of XDC Network alongside Animoca Brands, BCW Group, Clearpool, Deutsche Telekom, HashKey Cloud, Republic Crypto, SBI Holdings, stakeFi, and UOB Venture Management.
RedStone is joining @XDCNetwork as an institutional masternode validator.
Together with @CredoraNetwork, we will operate masternodes on the XDC Network, with data infrastructure support to follow.
Most stablecoin conversations happen between crypto natives. This one happens between the people running institutional treasury desks.
Day 1 at TokenizeThis NYC.