Axie Infinity’s Ronin Network to migrate to Ethereum next month, unlocking lower inflation and new builder rewards

Ronin, the blockchain developed by Sky Mavis for games like Axie Infinity, will migrate to Ethereum on May 12, ending its four-year run as an independent sidechain. This move aims to significantly reduce RON inflation from over 20% to under 1% and increase treasury inflows through staking, sequencer revenue, and marketplace fees. Additionally, Ronin will introduce 'Proof of Distribution,' a system that automatically rewards builders based on their measurable contributions like gas spend, user growth, and trading activity. The migration is expected to take about 10 hours, during which no on-chain activity will be possible. Ronin was initially launched as an independent sidechain in February 2021 due to prohibitive Ethereum mainnet gas fees, which facilitated Axie Infinity's growth but also led to a major hack in March 2022. The current Ethereum ecosystem, with its mature layer 2 solutions and reduced data availability costs, is now better equipped to support Ronin's needs.

(Source：Crypto Briefing)