The oracle protocol RedStone announced a $500 million partnership with liquidity re-staking service provider Ether.Fi
ChainCatcher news, according to CoinDesk, the oracle protocol RedStone announced a $500 million partnership with liquidity re-staking service provider Ether.Fi. Ether.Fi will invest $500 million to help secure RedStone's data oracle, which is used to transmit information between the blockchain and the outside world. Over 20,000 node operators from Ether.fi will manage RedStone's Active Validation Service (AVS) and use Ether.fi's native liquidity re-staking token eETH to prevent active failures and crypto-economic attacks within the RedStone node provider network.
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