Today's a day we've been building towards for years.
@Ronin_Network is officially an Ethereum Layer 2.
@VitalikButerin recently said that the era of generalized L2s is over. We agree.
Ronin was built for a very specific use-case. To scale Axie beyond crypto, to everyday people.
Over the years, it's become more than just the chain for Axie.
A crew formed. An alliance of games and apps looking to make crypto fun, accessible, and educational.
Today we've plugged Ronin back into Ethereum to become the most interesting, entertaining, and welcoming way for regular people to step into crypto.
We are Ethereum's gamification engine.
This is a full circle moment, and wouldn't be possible without the tireless, often thankless efforts of the @ethereum developer community, who've made it much much more sensible to run an L2 compared to an L1 or side chain.
When we created Ronin, L2s were just an idea. Today, blob fees are affordable. The tech and security is battle tested.
The benefits:
> By using Ethereum for security we no longer have to pay for our own security costs via inflation while inheriting the security of the largest smart contract platform ever created
> Much easier to tap into liquidity and shared network effects from Ethereum
> Reduced inflation and improved $RON tokenomics due to the costs we save on incentivizing network security
> Ronin is now 50% faster
Today we're also rolling out upgrades that make Ronin even more unique:
> The proof of distribution system is now live and operational, programmatically dispersing rewards to builders based on metrics that have been most correlated with $RON momentum in the past: https://t.co/OjYla5fZMk
> The Ronin treasury has been bolstered with new streams of value: 1.25% of all NFT volume on Ronin, all sequencer fees, and 90 M RON that was previously set aside for staking rewards
> We've rolled out a new landing page for welcoming participants to the ecosystem: https://t.co/2EAr4nlWjG
It's been a long journey. From the early days in the CryptoKitty community. From 30 users to millions. From Axie to an entire roster of games.
And somehow, it's clear to me: this is just one more step on a path that stretches many years ahead of us. We choose to move forward, not because it's easy, but because it's hard and if it works, we have a chance to make history. Again.
Ronin. Is. Home.
Migration to Ethereum complete ⚔
Five years ago, Ronin was a new Ethereum sidechain with a single game aboard: Axie Infinity.
Over the years, Ronin emerged as THE gaming chain, onboarding millions of players through more games like Pixels, Cambria, Angry Dynomites, and many others.
Today, we plugged our engine into the mothership: Ethereum.
Here’s what that means 🧵👇
This Week on @Ronin_Network!
Major leadership change at Sky Mavis, ecosystem momentum from major game titles, and more.
Let's dive into it:
▫️ @Psycheout86 steps down from Ops role at Sky Mavis, Axie, and Ronin.
▫️ @Jihoz_Axie moves back to Sky Mavis HQ in Vietnam. Says locked in for battle ahead!
▫️ Land evolution to Terrariums in @AxieInfinity. Atia's Lab log also released, showing dev progress.
▫️ Codex Season 1 and Atia's Legacy Playtest 2 set to release at the same time to foster a cohesive Axie experience
▫️ New Event in @pixels_online: Choco-lot of Love
▫️ @Moku_HQ reopens Moki Mayhem matches. Also sends out $15k in creators rewards for first 4 weeks
▫️ @RumbleArcade Week 2 of Launch Party - Refer and Earn. Up to $1500 prize pool
▫️ Craft World @AngryDynomites introduce The Valentine Masterpiece with 5M Dyno Coin on the line
▫️ New Axie Bounty Board update is welcomed by the players
▫️ @FishingFrenzyCo releases DevLog #5, kick off Lunar New Year Event with Karma rewards..
▫️ @playcambria Genesis leaks teased
▫️ Founder/Island holders now earn passive energy @playdegenarena
▫️ @PlayChickenSaga Level Leaderboard and other updates
▫️ @Kojin_gg announce new game mode: Dungeon Ascension
▫️ @playwildforest kick off story/lore contest. Help shape the origin story of the Knight.
▫️ @ROLAmericas First War Event results out
▫️ @PlayCalamity announce upcoming 10 day playtest with prizes
▫️ @Kttyworld turns ONE.
Saigon Testnet is migrating to Ethereum on Thursday!
Ronin’s Homecoming forges ahead ⚔
• Hardfork scheduled for block #45528550
• To users: All games and apps will remain operational
• To builders: read the full announcement for more details
Full announcement👇
📜 : https://t.co/5gWMWIeR1y
This is an exciting time to be a Ronin creator!
Ronin games are shipping relentlessly, and the ecosystem continues to grow. If you’re passionate about creating content and Web3 gaming…
… you need to join the movement👇
🔗: https://t.co/zJiUpcoYK0
@AxieAur Well, this is a great idea, because I was one of the victims of a hack in early 2022, which caused panic for weeks. Fortunately, the Sky Mavis team was very professional and responsible, so that the assets in the Ronin Wallet were 100% recovered,thank you
RON Buybacks: Unleashing the Ronin Treasury
Ronin’s sleeping giant is waking up.
Over the past four years, the Ronin Treasury has accumulated a massive trove of tokens.
This silent stockpile has been growing in the shadows for too long.
We’re ready to unleash the beast.
On September 29th, the Ronin Treasury will begin buying RON from the open market.
This will benefit all RON holders from everyday Web3 gamers and NFT collectors to RON holders with conviction in our movement.
Here’s what’s happening 🧵👇
🚨 WELCOME TO X̅ LEAGUE — NOW LIVE! 💥
CB3’s biggest showdown is officially on.
💰 $100,000+ cash prize pool (no house cut!)
🎟️ Play with an X-PASS — or join for free by signing a Mask contract
🎮 Available on iOS, Android & PC
🌴 The summer party starts now.
New here? Start with this 👉 https://t.co/862wWf256O
Then…
👇 Pick a verified CB3 guild tagged below that floats your boat and join their Mirship! You’ll get a Party Starter Pack to kick off your X-League run.
Not sure who to squad with? Our guilds rep 10+ languages and every server — hop into our Discord and vibe-check your future teammates.