The price of Ronin experiences a surge following the announcement of RON Rewards Halving by the Ethereum gaming network.
Ronin, an Ethereum sidechain tailored for blockchain gaming, made an announcement on Thursday regarding the reduction of RON token rewards for liquidity providers on its Katana decentralized exchange (DEX) beginning in March. Sky Mavis, the company behind the network and its flagship game Axie Infinity, outlined its plan to gradually decrease liquidity pool token emissions…