On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals.According to its developers, Ronin has over 250,000 unique daily active … [Read more...] about Axie Infinity devs release governance token for Ronin Blockchain to mixed player response
Ronin
$1.8 billion moved to Ronin DEX from Ethereum in 2 weeks
In the first two weeks since Sky Mavis, the team behind Axie Infinity (AXS), launched Katana, $1.8 billion in net assets bridged from Ethereum (ETH) to Ronin (RON), a recent DappRadar report revealed.According to the data acquisition and analysis company that keeps tabs on thousands of dapps across multiple blockchains, in this short timeframe, the first decentralized exchange … [Read more...] about $1.8 billion moved to Ronin DEX from Ethereum in 2 weeks
Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain
Nonfungible tokens were one of the hottest sectors of the cryptocurrency market from the start of the year until March but as is the nature of the crypto sector, NFTs cooled off significantly in April as the hype died down and high fees on the Ethereum (ETH) network hampered the ability of buyers and sellers to interact with the protocols. The challenge of high fees eventually … [Read more...] about Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain