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Ronin will migrate to Ethereum Layer 2 on May 12, and the RON inflation rate will drop below 1%.
Deep Tide TechFlow News, April 29th, according to an official announcement, the gaming public chain Ronin announced that it will migrate to Ethereum Layer 2 on May 12th.
There will be an approximately 10-hour downtime window during on-chain operations, and normal operation will resume after the migration is complete.
Its underlying architecture will be built on OP Stack and connected to EigenDA as the data availability layer.
The official recommends users proactively unstake RON before May 12th; if still staked at that time, the system will automatically unstake after the migration is complete.
This migration aims to leverage Ethereum’s security, data availability, and finality capabilities, while injecting mature on-chain gaming infrastructure into the Ethereum ecosystem.
Ronin, as the underlying network for well-known on-chain games like Axie Infinity and Pixels, is seen as an important milestone in its ecosystem development.
After the migration, the annual inflation rate of RON will be reduced from over 20% to below 1%, and the treasury will gain ongoing revenue from staking, net earnings from the Sequencer, and marketplace fees (increasing from 0.5% to 1.25%).