Redstone x Gelato Partnership: A Game-Changer for Rollups and the Future of DeFi
Gelato has been one of the best integrations with Redstone Oracle in recent months. Redstone has been offering reliable price feeds across various rollups for several years, providing low-latency data with access to over 1,200 assets.
On the other hand, Gelato offers a “Rollup as a Service” (RaaS) solution, enabling users to deploy rollups with a single click, making it easier to launch enterprise-grade Layer 2 and Layer 3 (L3) solutions.
The combination of Redstone’s data infrastructure and Gelato’s streamlined rollup deployment is a powerful solution for scaling decentralized applications than either could offer individually.
Redstone’s high-quality, low-latency data, coupled with Gelato’s seamless rollup deployment, allows developers to efficiently build and scale rollups with ease. Together, they enhance the overall performance, security, and scalability of rollup-based decentralized applications.
In other words, Gelato is designed to streamline the process of launching rollups and custom Layer 2 solutions. It eliminates the need for users to manage or host any part of the service, making it an attractive solution for developers and enterprises alike.
With no doubt, Gelato integrates various infrastructures and oracles which includes Redstone Oracle inorder to provide a wide range of options for builders and customers. This flexibility allows users to choose the best data sources and infrastructure to suit their specific needs, making it easier to create scalable, secure, and efficient decentralized applications.
What makes Redstone Different ?
Redstone stands out from other oracle protocols due to its modular architecture and diverse range of options tailored to various technical use cases. This unique feature allows developers to easily integrate and customize Redstone to meet specific project requirements, making it highly adaptable for different decentralized applications.
Since 2023, when Redstone was first integrated into the Gelato ecosystem, it has proven to be the preferred oracle for rollups deployed on Gelato’s RaaS platform.
Notable projects like Lisk and Real RWA have chosen Redstone for its reliability and flexibility in delivering low-latency, accurate price feeds, making it the ideal oracle solution for these advanced rollup networks.
Real RWA is set to revolutionize asset ownership and transactions, enabling seamless integration of real-world assets into decentralized finance ecosystems with the aim of building the first modular, permissionless Layer 2 network specifically designed for tokenized real-world assets.
Redstone Oracle plays a crucial role by providing accurate price feeds for specific assets. Real RWA offers unique benefits like Native Yield Accrual, where assets such as Ethereum and DAI are staked through a bridging process, allowing users to earn yield as part of the protocol’s operations. Redstone’s price feeds ensure the integrity and efficiency of these transactions, making it a vital component in the smooth functioning of Real RWA’s ecosystem.
There are other more rollups and Lisk is a very good example of Rollup that have integrated Redstone oracle through gelato infrastructure.
Redstone’s modular oracle architecture, combined with Gelato’s seamless rollup deployment, provides Lisk and other rollups with the tools needed to optimize their performance while offering developers more flexibility.
Lisk partnered with Gelato as its Rollup-as-a-Service (RaaS) provider and Redstone as its oracle provider. Lisk offers a cost-efficient, fast, and scalable Layer 2 (L2) network built on Optimism, secured by Ethereum. By using the MIT-licensed OP Stack, Lisk ensures high-performance scalability while maintaining compatibility with the broader Ethereum ecosystem.
In Conclusion
Gelato has emerged as one of the prominent RaaS providers that has integrated Redstone Oracle, helping to expand the potential value of Redstone across a variety of use cases. By offering application-specific rollups which enables developers to deploy tailored L2 & L3 quickly and efficiently.
With Redstone integrated into Gelato’s infrastructure, these rollups benefit from high-quality, low-latency price feeds, making them suitable for a wide range of DeFi applications and more.