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LINK $10.55 -0.08%
HYPE $41.33 -3.48%
AAVE $100.09 +2.85%
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XLM $0.1679 +2.66%
ZEC $560.97 -6.29%

Ronin will migrate to the Ethereum Layer 2 network on May 12 and will temporarily shut down for 10 hours

2026-05-11 20:14:55
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According to CoinDesk, the game public chain behind Axie Infinity, Ronin, will migrate from an independent sidechain to an Ethereum Layer 2 network through a hard fork on May 12, which is expected to result in approximately 10 hours of network downtime, during which all transfers, swaps, contract interactions, and on-chain gaming activities will be paused.

This upgrade will introduce the OP Stack architecture and the "Proof of Distribution" allocation model, rewarding builders based on their actual contributions to the network, while significantly reducing the RON inflation rate from over 20% to less than 1%. Additionally, 90 million RON originally allocated for staking rewards will be moved to the treasury fund, and the market transaction fee will be increased from 0.5% to 1.25% to enhance security, scalability, and reshape the token economy.

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