PANews reported on April 23 that, according to Decrypt, the gaming blockchain Ronin will migrate from an Ethereum sidechain to Ethereum Layer 2 on May 12. This migration will be triggered at block height 55,577,490, at which time Ronin will transition to the OP Stack. During the migration, the mainnet will be down for approximately 10 hours, from 11:00 AM to 9:00 PM Eastern Time, and games may be temporarily inaccessible. After the migration, the RON token inflation rate will plummet from over 20% to below 1%, market fees will increase from 0.5% to 1.25%, and the 90 million RON previously used for staking will be redistributed to the Ronin treasury. A "proof of allocation" system will also be launched to automatically distribute RON rewards to developers.
Ronin will migrate to Ethereum Layer 2 on May 12th, during which the mainnet will be down for approximately 10 hours.
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Author: PA一线
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