Ronin Migrates to Ethereum Layer 2, Boosting Gaming Experience

Ronin, a prominent blockchain gaming ecosystem, has made a major breakthrough with the successful migration to Ethereum Layer 2. This significant upgrade is set to transform the gaming experience for millions of users, enabling faster transactions, improved security assurances, and increased scalability.

According to Ronin's team, the migration enables them to retain their gaming-centric infrastructure while leveraging Ethereum's extensive capabilities. The network will now benefit from Ethereum's security, scalability, and expanding Layer 2 infrastructure, resulting in faster transaction processing speeds.

The network has also undergone a significant reduction in RON inflation rates, which are expected to be lower than ever before. Prior estimates indicated that the chain was responsible for around 45 million RON per year, but post-migration emissions have been reduced to just 5 million RON annually – a ninefold decrease.

Ronin's tokenomics have also undergone changes with the introduction of a new 'Proof-of-Distribution' incentive structure. This game-based system is designed to reward developers and projects that directly contribute to the ecosystem's growth, rather than relying on passive staking rewards. The aim is to incentivize network growth through merit-based allocations.

The migration has also led to significant revenue streams for Ronin's Treasury, with the introduction of gas fee revenue after expenses, blob fees from net sequencers, and increased marketplace-related fees. These changes are expected to make the ecosystem more sustainable in the long term.