Odaily Planet Daily reports: Ronin, the gaming blockchain behind Axie Infinity, will migrate from an independent sidechain to an Ethereum Layer 2 (L2) network via a hard fork on May 12. The upgrade adopts the OP Stack architecture and is expected to cause approximately 10 hours of network downtime, during which transfers, swaps, contract interactions, and on-chain gaming activities will be fully suspended.
This upgrade introduces the Proof of Distribution mechanism, automatically rewarding ecosystem builders based on their actual network contributions. On the tokenomics front, RON’s inflation rate will be significantly reduced from over 20% to under 1%; the 90 million RON previously allocated for staking rewards will be transferred to the treasury fund; and market fees will increase from 0.5% to 1.25% to enhance network security, scalability, and long-term economic stability. (CoinDesk)