Svmuu reported that gaming-focused blockchain Ronin has announced its migration to an Ethereum Layer 2 network on May 12. The underlying architecture will utilize the OP Stack and integrate EigenDA as the data availability layer. Chain operations are expected to be paused for approximately 10 hours during the migration. The team advises users to unstake their RON in advance or allow the system to handle it automatically after the migration is complete.
Following the upgrade, RON's annual inflation rate is projected to decrease from over 20% to less than 1%. Additionally, the treasury will gain new revenue streams from staking rewards, Sequencer net profits, and Marketplace fees. Furthermore, Ronin has introduced a "proof of allocation" incentive mechanism based on "Builder Score," distributing RON rewards to ecosystem builders on a monthly basis.
Ronin to Migrate to Ethereum Layer 2 on May 12, RON Inflation Rate Expected to Drop Below 1%
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Chainalysis: Binance Hackers Deployed Unprecedented Money Laundering Tactics, Rapidly Converting $6.3 Billion in Stolen Funds
-
2
Current Status of Virtual Currency Trading Platforms and Interpretation of China's Regulatory Policies
-
3
An Analysis of Potential Issues in the Operation of China's Digital Yuan
-
4
Coinbase is down 12.49% from its previous close, now trading at $140.540.
-
5
Microsoft, Amazon, Google, and Meta are facing cash flow pressure due to AI investments, with Amazon and Alphabet shares falling sharply.
-
6
What is AAVE? An In-depth Analysis of Its Lending Protocol and Tokenomics
-
7
What is ELTCOIN? Project Positioning and Market Status
-
8
StrongHands (SHND) Coin Analysis: Project Status, Market Performance, and Trading Risks
-
9
Cardano Ecosystem: Core Organizations, Technology, and Key Projects Analysis
-
10
WSHEC Coin Status Analysis: Understanding Its Mechanism and Market Risks
Markets Today
Recommended Reading








