Ronin (RON)

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Revision as of 06:53, 24 June 2024 by Grand Master Pepe (talk | contribs) (Created page with " ==Basics== *Based in: *Started in / Announced on: *Testnet release: *Ronin went [https://axie.substack.com/p/ronin live] on mainnet (1-2-2021). ==History== Originally created by the team behind Axie Infinity. ==Audits & Exploits== *Bug bounty program can be found [insert here]. *DeFi Safety [https://medium.com/defi-safety/ronin-is-the-least-secure-network-in-defi-c5b8cacf0049 called] Ronin 'the least secure network in...")
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Basics

History

Originally created by the team behind Axie Infinity.

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

  • A RON token for Ronin got teased on 13-10-2021, shortly after Sky Mavis raised 152m in private investment, hinting that RON is probably their way of returning money to their investors.

Token Allocation

Inflation

Utility

Got its token launched (27-1-2022). To 'improve its utility' free tx were reduced and users need to own RON for fees (26-4-2022).

Burns

Other Details

Coin Distribution

Technology

Transaction Details

How it works

"Ronin mainnet uses Proof-of-Authority. PoA is a modified version of PoS and validators on PoA are usually less than 25. In the early stage of the Ronin Network, Sky Mavis will have sole discretion around validators. Therefore, the team has recruited an all-star cast of partners from the traditional gaming, crypto, and NFT space to serve as validators of the network such as Binance, Unisoft, Animoca, Nonfungible.com, Dapp.com"

Fees

Upgrades

Staking

Validator Stats

"Ronin has added three new validators to the project, and increased its validator set to 17. The new Ronin validators include Efficient Frontier, Community Gaming and Nansen."

"French gaming giant Ubisoft is the inaugural validator on the Ethereum sidechain. Besides Ubisoft, the list of validators includes leading cryptocurrency exchange Binance, NFT data provider NonFungible.com, gaming company Animoca Brands, and investment firm Sparq."

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

L2 as a Service

It will offer the ability for developers to deploy their own dedicated layer-2 chains via zero-knowledge zkEVM tech built with Polygon's Chain Development Kit. Developers will need to stake 250,000 RON (about $568,000 worth at present) to run a validator before launching a new chain, with economic activity on the layer-2 networks potentially increasing staking rewards for delegators.

Roadmap

  • Can be found [Insert link here].

Revenue

Usage

Other notable games, besides Axie Infinity, based on Ronin include Ragnarok: Monster World, Apeiron, Kaidro, and The Machines Arena. The network now has 1.4 million daily active addresses (6-2024).

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

(:

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