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Ronin will migrate to Ethereum to become an OP Stack L2, and RON inflation will decrease to below 1%.
Mars Finance News: The gaming public chain Ronin announced that on May 12th it will migrate to Ethereum Layer 2.
There will be an approximately 10-hour downtime window for on-chain operations during the migration, 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.
It is recommended that users unstake RON before the migration date, or that the system automatically unstakes for users after the migration is completed.
The core goal of this migration is to enable Ronin to leverage Ethereum’s security, data availability, and finality capabilities, while also injecting mature on-chain gaming infrastructure into the Ethereum ecosystem.
As the underlying network for well-known on-chain games such as Axie Infinity and Pixels, this move 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 of the Sequencer, and marketplace fees (increasing from 0.5% to 1.25%).