DONE! This news has been expected for so long, but it came unexpectedly and cut through the infospace like KATANA. Meet Ronin DEX KATANA!
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Katana is a decentralized exchange on top of Ronin! Katana makes it easy for anyone to swap various assets across the Axie Infinity ecosystem.
You can now trade between AXS, SLP, USDC and WETH!
You can also deposit these assets in liquidity pools and receive rewards both in terms of trading fees and in RON tokens.
RON is the token of the Ronin blockchain ecosystem that will ultimately drive all transactions.
I recommend studying in more detail from the docks here.
RON is the token that powers Ronin
RON token presented today. RON is the ecosystem token for the Ronin chain. It will ultimately be used to pay for gas and protect the network for both Axie Infinity and future games / products hosted on the network. The main goal of RON is to ensure that Ronin will always be a blockchain owned by our community.
Can I forget about free transactions?
Today, all Ronin users receive 100 free transactions per day. In the future, there will be a transition to a system in which RON tokens are required for all transactions. These gas costs will be very low and provide a sustainable long-term ecosystem.
Liquidity pools
Katana launches with liquidity rewards for 2 pools:
10% of the RON offer will be rewarded to liquidity providers in these pools over the next 90 days.
AXS / ETH - 50% RON remuneration. If you are currently placing an AXS bet, you need to withdraw the bet from AXS in order to participate in this pool.
SLP / ETH - 50% RON reward
After you deposit liquidity, you will need to stake liquidity pool tokens in order to participate in the reward program.
There are 1,000,000,000 RON tokens. The stock after 90 days of growing RON will be 100,000,000.
Liquidity provider commission
Liquidity providers receive 0,25% of every trade that goes into the pool. 0,05% of each swap goes to Ronin's treasury.
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