RedStone Airdrop Controversy Addressed with 2% Token Allocation

RedStone, a cross-chain oracle project, has recently made headlines by announcing an additional allocation of 2% of the total RED token supply to community members who were overlooked in the initial airdrop distribution. This decision comes as a response to the growing dissatisfaction among community members who felt exploited by the airdrop process and the subsequent price fluctuations.

The initial airdrop process involved three phases of "exploration activities" through Zealy and Discord, where community members were required to complete various tasks to earn RSG points. These points were supposed to be key credentials for future RED token airdrops. However, only 2.19% of community members received RED token rewards, leading to widespread frustration and a sense of being exploited. This issue, known as "airdrop PUA," has been a recurring problem in the cryptocurrency market, where projects guide users to work hard through high-intensity tasks before the token launch but fail to fully deliver on their promises.

In addition to the airdrop controversies, the project faced further scrutiny due to abnormal price fluctuations in the pre-market. Some community members shared screenshots showing bizarre oscillations in RED's price curve, leading to speculation about market manipulation. RedStone's community manager clarified that the issue was not caused by market makers but by a trading rule that limited each person to trading 5,000 RED. Despite these clarifications, the community's distrust persisted, with many preferring to believe in conspiracy theories rather than technical explanations.

To address these issues, RedStone has announced that it will allocate an additional 2% of the total RED supply from the "Ecosystem and Data Providers" to acknowledge the contribution of community members who were overlooked in the initial airdrop distribution. The additional recipients are selected by expanding eligibility criteria and based on collected proof of participation. The additional 2% will be claimable starting at 15:00 UTC on March 6, 2025, through the official website. This move is seen as a step towards rebuilding trust and acknowledging the efforts of the community members who have supported the project from the beginning.

Furthermore, RedStone has announced that 4.5% of the "Community and Genesis" tokens will be distributed six months after the TGE and will be officially announced. Eligible projects will be those utilizing the RedStone price oracle, and the airdrop will be distributed to users in pools protected by