RON
Ronin Network
RON

Ronin Network price

in USD
$0.54980
-$0.00290 (-0.53%)
USD
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Market cap
$380.80M #102
Circulating supply
693.12M / 1B
All-time high
$4.5630
24h volume
$10.19M
3.8 / 5
RONRON
USDUSD
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About Ronin Network

Layer 1
Gaming
Official website
White Paper
Block explorer
CertiK
Last audit: Mar 30, 2023, (UTC+8)

Disclaimer

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Ronin Network’s price performance

Past year
-72.75%
$2.02
3 months
+1.36%
$0.54
30 days
+25.86%
$0.44
7 days
-7.13%
$0.59

Ronin Network on socials

Gabriel Leydon
Gabriel Leydon
AppTokens are live on @pixels_online! 🫡
Luke Barwikowski 🚜
Luke Barwikowski 🚜
We just launched some pretty big infrastructure improvements to our staking system that will unlock a lot of functionality... 1. $vPIXEL is now live on @Ronin_Network mainnet & fully supported in the $PIXEL staking ecosystem. $vPIXEL is the first implementation of @limitbreak app tokens out in the wild. Essentially it is a spend/stake only version of $PIXEL that is backed 1:1 with $PIXEL. Players will start to see UI components of $vPIXEL across the ecosystem. We will start to experiment with $vPIXEL rewards soon. 2. Validators now can reward ANY ERC20. Previously rewards for stakers could only be denominated in $PIXEL. This unlocks entirely new economics for the staking ecosystem. This means that games can now monetize in tokens like USDC and distribute rewards to $PIXEL stakers in the same token they monetize with. This has 2 benefits... 1) To participate in the $PIXEL ecosystem, games no longer need to add additional friction to payments by forcing the use of $PIXEL 2) Staking rewards can be now non-dilutive to the ecosystem. Ex: it's not favorable for $PIXEL if users stake $PIXEL just to sell all of the rewards in $PIXEL. However - if rewards are in USDC or other tokens users are free to swap the rewards without harming the $PIXEL ecosystem. 3. Visibility into RORS & Earnings distributed. Games that use our analytics engine will now also publicly show RORS, earnings given per day, and revenue per day. This will give users who stake more visibility and understanding on how a game is performing. 4. Infrastructure for Phase II (variable rewards for games) has been included in this contract upgrade. Soon the amount of rewards each game is able to distribute to users will be proportional to the amount of $PIXEL staked to each game. Users will soon be able to help decide how much $PIXEL each game gets to give out by staking their $PIXEL - very exciting!
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1.13K
13
Luke Barwikowski 🚜
Luke Barwikowski 🚜
We just launched some pretty big infrastructure improvements to our staking system that will unlock a lot of functionality... 1. $vPIXEL is now live on @Ronin_Network mainnet & fully supported in the $PIXEL staking ecosystem. $vPIXEL is the first implementation of @limitbreak app tokens out in the wild. Essentially it is a spend/stake only version of $PIXEL that is backed 1:1 with $PIXEL. Players will start to see UI components of $vPIXEL across the ecosystem. We will start to experiment with $vPIXEL rewards soon. 2. Validators now can reward ANY ERC20. Previously rewards for stakers could only be denominated in $PIXEL. This unlocks entirely new economics for the staking ecosystem. This means that games can now monetize in tokens like USDC and distribute rewards to $PIXEL stakers in the same token they monetize with. This has 2 benefits... 1) To participate in the $PIXEL ecosystem, games no longer need to add additional friction to payments by forcing the use of $PIXEL 2) Staking rewards can be now non-dilutive to the ecosystem. Ex: it's not favorable for $PIXEL if users stake $PIXEL just to sell all of the rewards in $PIXEL. However - if rewards are in USDC or other tokens users are free to swap the rewards without harming the $PIXEL ecosystem. 3. Visibility into RORS & Earnings distributed. Games that use our analytics engine will now also publicly show RORS, earnings given per day, and revenue per day. This will give users who stake more visibility and understanding on how a game is performing. 4. Infrastructure for Phase II (variable rewards for games) has been included in this contract upgrade. Soon the amount of rewards each game is able to distribute to users will be proportional to the amount of $PIXEL staked to each game. Users will soon be able to help decide how much $PIXEL each game gets to give out by staking their $PIXEL - very exciting!
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2.2K
29
Jihoz.ron
Jihoz.ron
The Ronin are rising. Loved the live @TheRoninRadio today.
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2.75K
101
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Ronin Network FAQ

Ronin Network, an Ethereum Virtual Machine (EVM) blockchain, is purpose-built for P2E games. Created by Sky Mavis, it houses the globally renowned Axie Infinity. The network has transitioned to the Delegated Proof of Stake (DPoS) system, empowering users to become validators and help secure the network. 

Beyond facilitating in-game earnings, the Ronin Network offers staking opportunities and enables participation in project governance. By converging gaming and crypto benefits, it has played a pivotal role in expanding crypto adoption.

Easily buy RON tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal includes the RON/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for RON with zero fees and no price slippage by using OKX Convert.

Currently, one Ronin Network is worth $0.54980. For answers and insight into Ronin Network's price action, you're in the right place. Explore the latest Ronin Network charts and trade responsibly with OKX.
Cryptocurrencies, such as Ronin Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ronin Network have been created as well.
Check out our Ronin Network price prediction page to forecast future prices and determine your price targets.

Dive deeper into Ronin Network

Blockchain technology has seen consistent advancements, including improved scalability, the introduction of non-fungible tokens (NFTs), and the development of the metaverse. These innovations have positively impacted the blockchain gaming sector, especially with the adoption of the play-to-earn (P2E) model. This approach, which rewards players, has led to the creation of many metaverse projects, such as Ronin.

What is Ronin Network

Developed by Sky Mavis, Ronin is an Ethereum Virtual Machine (EVM) blockchain tailored for the unique demands of crypto gaming. Sky Mavis, also behind the immensely successful Axie Infinity game boasting over $1.3 billion in revenue, proves Ronin's potential as an optimal gaming blockchain. Within its first nine months, Ronin recorded 250,000 daily active addresses and amassed $5 billion in Total Value Locked (TVL).

The Ronin Network team

Sky Mavis, a technology-driven game studio, developed the Ronin Network. Jeffrey Zirlin and Alexander Leonard Larsen founded the studio. While Zirlin, a Yale graduate, dedicated over four years to shaping Sky Mavis, Larsen entered into the blockchain space in 2017, co-founding not just Sky Mavis but also the popular Axie Infinity.

How does Ronin Network work

Specifically designed for blockchain gaming, Ronin functions as an Ethereum-linked sidechain. Its crown jewel is Axie Infinity, and games within its ecosystem use the RON token for in-game purchases, such as NFTs. Thanks to the Ronin Bridge, users can smoothly transfer their in-game assets to the Ethereum mainnet, converting their gaming gains into cryptocurrencies.

Initially operating under the Proof of Authority (PoA) consensus, Ronin transitioned to the Delegated Proof of Stake (DPoS) for heightened decentralization. This shift allowed anyone holding a substantial amount of RON tokens to become a validator, bolstering network accessibility and enhancing its decentralization. The platform encourages user participation by allowing them to become validators or delegators, ensuring network security and earning rewards in return.

RON tokenomics

Launched in late January 2022, RON is the native token of the Ronin Network. Its total supply is capped at 1 billion RON. RON powers the platform, facilitating transactions and in-game purchases. Beyond that, it serves as a governance token and staking medium.

Distribution of RON

RON is distributed in the following way:

  • 30 percent for community engagement, encompassing content creation, rewards, liquidity mining, grants, and hackathons
  • 30 percent allocated to the team
  • 25 percent earmarked for staking rewards
  • 15 percent dedicated to the ecosystem fund

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Market cap
$380.80M #102
Circulating supply
693.12M / 1B
All-time high
$4.5630
24h volume
$10.19M
3.8 / 5
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