Who is RedStone? Revolutionizing Blockchain Oracles

RedStone is a modular blockchain oracle platform delivering fast, reliable, and customizable data feeds to decentralized applications (dApps) and smart contracts across more than 100 blockchains, including Ethereum, Base, and non-EVM chains like Sui or TON. By utilizing an on-demand data-fetching approach and storing data off-chain, RedStone significantly reduces gas costs and enhances scalability, making it a vital infrastructure for modern DeFi protocols.

Backed by leading investors such as Arrington Capital and Spartan Group RedStone has secured over $15 million in Series A funding and serves 150+ clients, securing billions in value

The $RED token, launched at the TGE, is the native utility token. 

It secures the network, incentivizes data providers, and aligns community interests. Holders can stake $RED via RedStone’s Actively Validated Service (AVS) on EigenLayer, earning rewards in $RED, $EIGEN, and potentially other assets.

The $RED TGE and Airdrop: Scope and Strategy

As part of their Token Generation Event (TGE), RedStone launched an airdrop, to eligible community members via RedStone Miner Airdrop. The distribution followed the schedule of RED tokenomics.

This large-scale event was designed to reward genuine contributors and foster ecosystem growth, demanding a robust, compliant, and streamlined approach to token distribution-which TokenOps expertly delivered as the technical provider

The community was impressed with the effectiveness and dilligency of prepared checker and claiming process Tweet1, Tweet2, Tweet3.

Challenges Faced by RedStone

RedStone encountered several challenges in executing their airdrop. With a large number of participants expected to claim their tokens, the team required a system capable of managing eligibility verifications, token distributions, and user interactions at scale. 

Key hurdles included:

• Scalability: Handling thousands of claims, especially in the first hours, within the 30-day window from March 6 to April 4, 2025, without technical delays or failures.

• User Experience: Ensuring the claim process was intuitive and accessible, minimizing friction for users connecting EVM-compatible wallets (MetaMask, Trust Wallet, WalletConnect, Coinbase Wallet, etc.) and paying gas fees.

• Security: Protecting the claim process from phishing attacks and ensuring only eligible participants received tokens.

• Efficiency: Optimizing the distribution process to reduce manual oversight while maintaining accuracy across millions of tokens.

Addressing these hurdles was critical to maintain community trust and satisfaction during this high-profile airdrop event

TokenOps' Enterprise Token Management Solutions

TokenOps provided the technical backbone for the RedStone airdrop, powering every aspect of the process through their advanced token management platform: a custom token airdrop solution built for scalability, compliance, and automation.

Enterprise-Grade Airdrop Platform

TokenOps supported in developing  the claim page at claim.redstone.finance, enabling users to verify eligibility using their wallet addresses and claim tokens seamlessly.

The official claim page, featured:

• An eligibility checker where users input their wallet address to view allocations.

• Wallet integration for EVM-compatible wallets, with clear instructions for connection.

• A countdown timer displaying the remaining claim period (e.g., “29 days, 10 hours, 41 minutes”) - done by RedStone team.

• Links to stake $RED via EigenLayer or EigenPie, enhancing post-claim engagement - done by RedStone team.

Security measures included warnings against phishing sites, with TokenOps ensuring the platform’s integrity throughout the claim period. Terms and conditions were available

Scalable Infrastructure

Built to handle high traffic volumes, TokenOps' infrastructure ensured the claim page remained stable and performant, even during peak claiming periods. 

This scalability was crucial for processing the distribution of $RED tokens without bottlenecks or downtime, supporting a seamless experience for thousands of users

Robust Security Measures

TokenOps implemented stringent security protocols to safeguard the airdrop process. These measures protected against unauthorized access and phishing attempts, ensuring that only eligible users could claim their allocations.
The platform's secure wallet integrations further enhanced trust and reliability

Automation and Optimization

By automating token distribution workflows, TokenOps minimized manual intervention for the RedStone team. 

While gas fees on the Ethereum network posed a challenge, TokenOps optimized the underlying smart contracts to reduce costs where possible, making the process more accessible to claimants.

Step-by-Step Claim Process

1. Access the Claim Page: Users visited claim.redstone.finance, the official domain, to avoid phishing risks.

2. Check Eligibility: Entered Ethereum wallet address to verify eligibility and view allocation using the Airdrop Lookup tool.

3. Connect Wallet: Linked an EVM-compatible wallet (MetaMask, Trust Wallet, WalletConnect, Coinbase Wallet, etc.), ensuring sufficient ETH for gas fees.

4. Claim Tokens: Clicked “Claim,” approved the transaction, and waited for blockchain confirmation (typically a few minutes).

5. Verify Receipt: Checked wallet balance for $RED tokens, which could then be held, staked, or traded.

This process was designed to be intuitive and secure, with clear instructions and robust backend support from TokenOps

Measurable Impact of TokenOps' Solutions

The partnership between RedStone and TokenOps yielded impressive results:

• Successful Distribution: Over the 30-day claim period, $RED tokens were distributed to eligible participants with no major technical issues reported.

• Operational Efficiency: TokenOps' automation reduced the RedStone team’s workload by eliminating hours of manual token management, allowing them to focus on ecosystem growth and TGE execution.

• Positive User Feedback: The claim page’s user-friendly design and clear instructions received widespread praise, with participants noting a smooth and efficient claiming experience.

• High Traffic Management: The platform handled peak traffic surges effectively, maintaining stability and ensuring all eligible users could claim their tokens within the designated timeframe.

This seamless execution underscored TokenOps' ability to manage large-scale token operations with precision and reliability.

What RedStone and TokenOps Say

"Partnering with TokenOps was instrumental in the success of our airdrop, their expertise in token management and their robust platform ensured that our community could claim their tokens easily and securely. The feedback from our users has been overwhelmingly positive." 

said Jakub Wojciechowski, CEO & Founder at RedStone. 

"Working with RedStone was a fantastic opportunity to showcase our capabilities in managing large-scale token distributions, our platform’s flexibility and scalability were key in delivering a seamless experience for RedStone’s community." 

added Fabio Mancini, CEO & Founder at TokenOps. 

About TokenOps

TokenOps.xyz is a comprehensive token operations and lifecycle management platform. We empower teams to create and manage on-chain token distributions with precision and compliance.

Our solutions include:

• Token Vesting and Distribution: Automate complex vesting schedules with customizable templates, on-chain security, and perfect alignment with legal agreements

• Cap Table Management: Gain full visibility into token flows across multiple chains and protocols, with powerful tools to track and visualize token emission pre-launch and post-TGE

• Global Tax Withholding: Navigate international tax compliance seamlessly during token distribution operations, ensuring regulatory adherence across jurisdictions

• Token Airdrops: Deploy custom airdrop campaigns with strategic lockups to maximize community engagement through multiple distribution methods

Contact Us

Interested in learning more about TokenOps and how our solutions can help to manage and track your token distribution operations?

• Schedule a Demo: Book a personalized demonstration of our token distribution operations platform

• Email: hello@tokenops.xyz

• Visit: tokenops.xyz

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