Ron is born! The token to operate in the sky Mavis Ecosystem.

Today was the official launch of RON, which at the time of this writing is trading at $3.7, the Sky Mavis network’s RON token, is the governance token for Ronin, which is an EVM-based blockchain designed for developers who want to create games with player-owned economies. Claims Sky Mavis, that ronin is a network for economic and fast transactions, with a confirmation time of 2-3 seconds (block time), so the launch of RON would come to stabilize all services performed within the Sky Mavis ecosystem, being able to displace the high commissions needed in the ethereum network to perform transactions within this ecosystem.

The Ronin bridge is currently the third largest by total volume transferred, just behind Polygon and Avalanch which could lead to new projects to be launched within this network, in this first stage the claim of the RON token was enable in staking with the AXS/WETH and SLP/WETH pairs, this way being able to obtain RON or being able to place these assets in a new staking with the RON/WETH pair. Staking encourages RON holders to lock their tokens and gives them more ownership of the network under this initiative. Validators receive incentives to help grow the network, which increases the value of the fees collected from their delegates.

Axie infinity has seen how the winter the crypto world has been in has caused its economy to lose value, so the launch of RON may help the consolidation of its metaverse.