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Upgraded Big Bang! Ronin transforms into Ethereum L2, token issuance cut by 9 times!
The big brother of blockchain games, Ronin, has just dropped a major move! On May 13, it officially completed an epic migration, upgrading from the original Ethereum sidechain to a genuine Ethereum Layer 2 network built on OP Stack. The entire migration process was almost seamless, providing a smooth experience for old users, and it still retains RON as the gas fee, so users can continue to use it without swapping tokens.
The most aggressive change is the major overhaul of the token economy, which has sharply slowed down inflation: previously, 45 million RON were issued annually, now it’s directly cut to only 5 million, a reduction of up to 9 times! The current annual inflation rate is only 1.2%, lower than many mainstream cryptocurrencies. Future token issuance will no longer be random; instead, it will be precisely distributed to genuine ecosystem builders through a new “Proof of Allocation” mechanism.
At the same time, Ronin’s treasury has added three major stable income sources: the remaining 90 million RON staking rewards, the net profit from the network’s sequencer, and market trading fees increased from 0.5% to 1.25%. With a stronger treasury, the ecosystem can be better supported and RON’s value can be stabilized.
In simple terms, this upgrade not only allows Ronin to leverage Ethereum’s security and massive liquidity but also enables it to bring its hundreds of thousands of blockchain game users and mature Web3 gaming ecosystem back to Ethereum. Both sides benefit, and the future potential is limitless.