Wrapped Redlight Chain price

WREDLC

What is Redlight Chain ($REDLC)?

Redlight Chain ($REDLC) is a decentralised Layer 1 EVM (Ethereum Virtual Machine) compatible Blockchain created by Redlight Finance. Redlight Chain aims to solve the Blockchain Trilemma of Scalability, Decentralization and Security by introducing revolutionary changes to traditional EVM compatible blockchains.

Redlight Chain released their initial Whitepaper in June 2022, and released REDLC in August 2022.

What makes Redlight Chain ($REDLC) unique?

Redlight Chain is 100% gasless, meaning that you do not have to pay gas fees when interacting with smart contracts, buying/selling/transferring tokens, or minting NFTs.

This is important when it comes to scalability, but can also be crucial when it comes to the mass adoption of cryptocurrency. Due to being a gasless, Redlight Chain aims to become a bridge from DeFi to real world business and vice versa by simplifying the onboarding of traditional business systems/databases into Blockchain technology without sacrificing security.

What projects are a part of the Redlight Chain ($REDLC) eco-sytem currently?

At the time of writing Redlight Chain has released the following projects to be a part of their eco-system:

• $REDLC (The governing Coin of their Blockchain)
• DawnSwap (Their native DEX)
• Midnight Trades (Their native NFT Marketplace)
• Validator staking pools

Currently due to release:

• Scarlet Chains - their own defi passive income NFT protocol

Who has Redlight Chain ($REDLC) partnered with?

At the time of writing Redlight Chain has partnered with the following projects/companies:

• Nitro Network
• Sphere Finance
• Crowdbotics