Axie Infinity’s Ronin Network to migrate to Ethereum next month, unlocking lower inflation and new builder rewards
Ronin, the gaming-focused blockchain constructed by Sky Mavis to energy titles like Axie Infinity, is migrating to Ethereum on Could 12, the staff stated this week.
The transfer will finish a four-year run as an unbiased sidechain and convey main upgrades to its ecosystem.
The migration will lower RON inflation from over 20% to underneath 1% and broaden treasury inflows. Ronin additionally plans to roll out Proof of Distribution, a system that robotically rewards builders based mostly on their contributions.
Proof of Distribution will reward contributors based mostly on a measurable affect, together with gasoline spend, person progress, and buying and selling exercise. In the meantime, treasury inflows will broaden by way of staking allocations, sequencer income, and elevated market charges.
The result’s a extra environment friendly, safe, and incentive-aligned community for each builders and customers, in keeping with Ronin.
The migration requires roughly 10 hours of downtime, throughout which no on-chain exercise will likely be potential, as famous by the staff. Node operators should improve earlier than the scheduled hardfork at block #55577490.
What made Ronin unbiased within the first place
When Sky Mavis, the Vietnamese studio behind Axie Infinity, started growing Ronin in late 2020, Ethereum’s layer 2 choices have been nonetheless of their infancy.
With mainnet gasoline charges turning into prohibitive for the sport’s progress, Sky Mavis formally launched the Ronin mainnet in February 2021 to offer the high-throughput, low-cost atmosphere essential to onboard hundreds of thousands of gamers.
The transfer fueled Axie’s large enlargement by means of early 2022, however independence got here with a value. In March 2022, the North Korean-linked Lazarus Group exploited the Ronin bridge and drained roughly $625 million in belongings, one of many largest hacks in crypto historical past.
The Ethereum ecosystem seems nothing prefer it did six years in the past. Layer 2 options are battle-tested, knowledge availability prices have plummeted, and the OP Stack processes hundreds of thousands of transactions day by day throughout a number of chains.
