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Gaming-focused blockchain Ronin has completed its migration to an Ethereum Layer 2, implementing an 89% token emission cut that significantly alters its economic model.
Ronin, the blockchain network for Axie Infinity, has completed its migration to an Ethereum Layer 2, slashing token emissions and joining a broader trend of chains consolidating onto the Ethereum network.
Ronin, the gaming-focused blockchain, announced its transition from an independent sidechain to an Ethereum Layer 2 network, a move designed to enhance security, scalability, and tokenomics following a major exploit in 2022.
Ronin (RON) current price is $0.071379, down 11.35% today.
Ronin (RON) daily trading volume is $3.6M
Ronin (RON) current market cap is $55.2M
Ronin (RON) current circulating supply is 772.4M
Ronin (RON) fully diluted market cap (FDV) is $71.5M
Ronin (RON) is founded by Trung Nguyen