Ronin

Ecosystem and Applications

The Ronin ecosystem hosts various decentralized applications (dApps) and games, with Axie Infinity being the most prominent. The platform supports a range of games and applications, fostering a diverse and active community of developers and users.

RON Token

RON is the native utility token of the Ronin blockchain. It is used to pay for transaction fees and can be staked to participate in network validation. The token distribution includes allocations for rewards, community incentives, Sky Mavis, and an ecosystem fund, supporting the network’s growth and sustainability.

Security Measures

Following a security breach in March 2022, where significant funds were drained from the Ronin Bridge, Sky Mavis implemented rigorous security enhancements. These measures include comprehensive code audits and the adoption of a zero-trust organizational model to prevent future incidents.

Community and Governance

Ronin’s governance involves token holders who can stake RON tokens and delegate them to validators, influencing network operations. The community actively participates in decision-making processes, contributing to the platform’s development and security.