Ronin will migrate to Ethereum Layer 2 on May 12, RON inflation rate to drop below 1%

Odaily reported that gaming-focused public chain Ronin has announced its migration to Ethereum Layer 2 on May 12, utilizing the OP Stack for its base layer and integrating EigenDA as the data availability layer. On-chain operations are expected to be suspended for approximately 10 hours during the migration. The team recommends users unstake their RON in advance or let the system handle it automatically after the migration is complete.

Following this upgrade, the annual inflation rate of RON will drop from over 20% to below 1%. Additionally, the treasury will gain new revenue streams from staking rewards, net Sequencer income, and Marketplace fees. Furthermore, Ronin has introduced a "Proof of Allocation" incentive mechanism based on "Builder Score," distributing RON rewards to ecosystem builders on a monthly basis.