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Following months of speculation and eons diligent farming, the long wait is over, $RON is live! Eager sidechain enthusiasts can now take a closer look at the Ronin Network’s brand new utility token, while $RON farmers can claim their hard-earned rewards.
Ronin, the mighty blockchain powering the Axie Infinity machine has finally launched its native governance token, paving the way for a host of amazing new experiences, and expansion into the wider gaming market.
From the off, Ronin has updated the Katana DEX, adding $RON to its list of exchangeable tokens, while liquidity and farming pools now accept $WETH – $RON pairs, allowing coin collectors to acquire even more of that delicious $RON.
Going forward, $RON will power transactions on the network, operating as the token for paying gas fees. However, those holding assets within the Axie Infinity ecosystem will receive a daily allowance of free transactions relative to the number of tokens they own. That said, if for whatever reason a faster transaction is required, users can override the fee and pay with $RON.
Heading further into the future, Ronin aims to roll out its battle-tested NFT scaling solution to a wider range of gamified dApps, while an additional builder’s grant is in the works to help fund such endeavours.
So, while the Axie audience no longer asks “Wen $RON?”. The new question on everyone’s lips is “When will $RON moon?”.
Peruse the $RON litepaper >> Here
Head on over to the Katana Dex >> Here
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
Decentralised human, Explorer, Adventurer.
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