Guavy AI Editorial TeamSentiment: 3Clout: 78

Ronin Blockchain Migrates to Ethereum Layer-2

The Ronin blockchain has announced plans to transition to Ethereum's layer-2 infrastructure on May 12, marking the end of its four-year tenure as an Ethereum sidechain. This move is expected to bring about significant changes to the network's economic model.

One of the key impacts of this migration will be a drastic reduction in RON token inflation, which will drop from over 20% to less than 1%. Additionally, marketplace fees flowing to the Treasury will increase by 2.5 times, from 0.5% to 1.25%.

The transition is expected to take approximately 10 hours, during which time users may experience downtime on the mainnet and games may be unavailable. The new 'proof of distribution' system launching with the migration will automate RON rewards for developers, replacing manual allocation processes.