Coin World News reports that, on April 23 (UTC+8), the gaming blockchain Ronin will migrate on May 12 from the Ethereum sidechain to Ethereum Layer 2. This migration will be triggered at block height 55,577,490, after which Ronin will transition to OP Stack. During the migration, the mainnet will be shut down for approximately 10 hours, from 11:00 AM to 9:00 PM Eastern Time, and the game may be temporarily inaccessible. After the migration, the RON token inflation rate will drop sharply from over 20% to below 1%. Market transaction fees will increase from 0.5% to 1.25%. The 90 million RON previously used for staking will be redistributed to the Ronin treasury. At the same time, a “Proof of Allocation” system will be introduced to automatically allocate RON rewards to developers.

ETH0,59%
RON-7,61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin