Redstone’s airdrop cut sparks firestorm as Binance halts RED listing

The reduction of RED token’s airdrop from 9.5% to 5% has sparked significant backlash within the community, leading Binance to suspend the token’s listing. Critics claim the changes favor a limited group, raising equity concerns.

Supported by notable investors such as Coinbase Ventures, Redstone seeks to reward its community via staking. Currently, RED is valued at 0.751 USD, exhibiting a decline of 19%.