AXIE INFINITY DEVS RELEASE GOVERNANCE TOKEN FOR RONIN BLOCKCHAIN TO MIXED PLAYER RESPONSE

Last updated: June 20, 2025, 00:18 | Written by: Katie Haun

Axie Infinity Devs Release Governance Token For Ronin Blockchain To Mixed Player Response
Axie Infinity Devs Release Governance Token For Ronin Blockchain To Mixed Player Response

The world of play-to-earn gaming is constantly evolving, and one of the biggest names in the space, Axie Infinity, has recently taken a significant step towards decentralization.Sky Mavis, the creators of this monster-battling phenomenon, have launched the long-awaited RON governance token for their Ronin Blockchain. Due to the crypto bear market, Axie players' Smooth Love Potion earnings have plunged in recent months.This move is designed to empower the community and further secure the network, but the initial response from players has been a mixed bag. SLP still on the ground LOL, if this coin stays like that I m gonna quit Axie man, said one disgruntled player. On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network.While some welcome the new token as a positive development for the game's ecosystem, others express concerns about the current state of the in-game rewards, particularly the Smooth Love Potion (SLP) token. The company behind Axie Infinity created the Ronin blockchain to scale the game s success. Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token, based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participatingThis article dives deep into the implications of the RON token launch, explores the reasons behind the mixed player response, and examines the future of Axie Infinity in the ever-changing landscape of blockchain gaming.We'll unravel the complexities surrounding this new development and what it means for players, investors, and the overall Axie Infinity community.

What is the RON Governance Token and Why is it Important?

The RON token is the native governance token for the Ronin blockchain, the sidechain built by Sky Mavis to specifically address the scaling challenges that Axie Infinity faced on the Ethereum network. Introduction Axie Anfinity is an ecosystem for gamers, collectors and crypto enthusiasts. Axie Infinity will be the first decentralized game built on smart contracts that allow players to buy, sell and trade digital creatures called Axie with one another The company has recently announced a new token release Ronin Wallet which will enable users to store their cryptocurrency safely in a secureImagine a bustling city where transactions are constantly occurring; Ethereum became too congested and expensive for the microtransactions inherent in Axie Infinity. More on Crypto: Axie Infinity devs release governance token for Ronin Blockchain to mixed player responseRonin was the solution, offering faster and cheaper transactions.

The RON token serves several key functions:

  • Transaction Fees: RON is used to pay for gas fees on the Ronin network, making transactions more affordable for players.
  • Staking: Token holders can stake RON to help secure the network and earn rewards.
  • Governance: RON holders have the power to participate in the governance of the Ronin blockchain, influencing decisions about its future development and direction.

In essence, RON is designed to decentralize the Ronin network, placing more control in the hands of the community. ในวันพฤหัสบดีที่ Sky Mavis ผู้สร้างเกม Axie Infinity ได้เปิดตัวโทเค็นการกำกับดูแลอย่าง RON โดยโทเค็นนั้นใช้ Ethereum ( ETH ) sidechain RoninThis is a crucial step for Axie Infinity, as decentralization is a core principle of blockchain technology and can foster greater trust and transparency within the ecosystem.

The Intended Purpose of RON: Decentralization and Security

The primary goal of introducing the RON token is to further decentralize and secure the Ronin blockchain.By distributing governance power to RON holders, Sky Mavis aims to create a more resilient and community-driven network. Skip to main content Bitcoin Insider. MenuHere's a closer look at how this works:

  • Validator Participation: Ronin validators, responsible for verifying transactions and maintaining the blockchain, are required to hold and stake RON.This incentivizes them to act in the best interest of the network, as their stake is at risk if they engage in malicious behavior. Gioved, Sky Mavis, il creatore del gioco Axie Infinity, ha rilasciato il suo tanto atteso governance token: RON.Il token basato sulla sua sidechain di Ethereum (), Ronin Network: la moneta servir per il pagamento delle transazioni su Ronin, lo staking e la partecipazione alle proposte della community.They receive rewards in the form of newly issued RON and RON used for transaction fees.
  • Community Governance: RON holders can propose and vote on changes to the Ronin blockchain, ensuring that the network evolves in a way that benefits the community as a whole.This fosters a sense of ownership and encourages active participation in the ecosystem.
  • Builders and Users: The success of Ronin is directly tied to the engagement of its builders and users. Posted by u/Arnadus - 1 vote and 1 commentDistributing RON to these key stakeholders ensures that they have a vested interest in the network's growth and stability.

By incentivizing responsible behavior and empowering the community, RON is intended to create a more secure and sustainable ecosystem for Axie Infinity and other applications built on the Ronin blockchain.

Mixed Player Response: SLP Concerns Overshadow RON Launch

Despite the positive intentions behind the RON token launch, the response from the Axie Infinity community has been mixed. Axie Infinity devs release governance token for Ronin Blockchain to mixed player responseSource: CointelegraphPublished onA significant factor contributing to this is the ongoing concern surrounding the value of Smooth Love Potion (SLP), the in-game currency earned by players for completing daily quests and winning battles.

As one disgruntled player succinctly put it, ""SLP still on the ground LOL, if this coin stays like that I'm gonna quit Axie man."" This sentiment reflects the frustration of many players who rely on SLP earnings to supplement their income.

Several factors have contributed to the decline in SLP value:

  • Crypto Bear Market: The overall downturn in the cryptocurrency market has negatively impacted the value of many crypto assets, including SLP.
  • Inflationary Pressure: The supply of SLP has often outpaced demand, leading to inflationary pressure and a decrease in its value. The well-known NFT-based online video game Axie Infinity recently released a token for the Ronin Blockchain. Players have complaints. 🎁 Ace quick missions earn crypto rewards while gaining real-world Web3 skills.Sky Mavis has been actively working to address this by implementing burning mechanisms and adjusting SLP earning rates.

For players struggling to earn a sustainable income from Axie Infinity, the launch of RON, while potentially beneficial in the long term, may seem like a secondary concern.Their immediate focus is on the value of SLP and its impact on their livelihoods.

The Impact of SLP on Player Sentiment

The price of SLP directly affects player engagement and retention.When SLP prices are low, players are less incentivized to play, which can lead to a decline in active users and overall ecosystem health.This is why Sky Mavis has continually experimented with different mechanisms to balance SLP supply and demand.

However, these changes haven't always been well-received.For example, adjustments to daily quest rewards or battle rewards can significantly impact player earnings, leading to further frustration if the changes are perceived as unfavorable.

Addressing the SLP Concerns: What is Sky Mavis Doing?

Sky Mavis is aware of the concerns surrounding SLP and is actively working to address the issue. On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals.They have implemented several strategies to balance the SLP economy and increase its value, including:

  • SLP Burning Mechanisms: Implementing mechanisms that ""burn"" or remove SLP from circulation helps to reduce the overall supply and potentially increase its value. On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum ( ETH ) sidechain Ronin Network.This can involve using SLP for breeding Axies or other in-game activities.
  • Adjusting SLP Earning Rates: Sky Mavis regularly adjusts the amount of SLP earned from completing daily quests, winning battles, and participating in other in-game activities. API stands for Application Programming Interface. It s a tool that allows two pieces of software to communicate with each other. In the new Developer Portal, developers will find API endpoints for important parts of the Sky Mavis ecosystem like Ronin, Axie Infinity, and the Ronin Block Explorer.The goal is to find a balance that rewards players without contributing to excessive inflation.
  • Introducing New Axie Use Cases: Developing new ways to utilize Axies and SLP within the ecosystem can create additional demand for the token and support its value.This includes exploring new game modes, features, and partnerships.
  • Axie Infinity: Origins: Shifting focus toward **Axie Infinity: Origins**, a new and improved battle system, aims to bring more excitement and balance to the game, hopefully revitalizing the economy and player interest.

These efforts are ongoing, and it remains to be seen whether they will be successful in restoring confidence in the SLP economy. Related: Axie Infinity devs release governance token for Ronin Blockchain to mixed player response Conversely, a pullback from $68 may leave AXS price at risk of testing its 20-4H EMA (theHowever, it is clear that Sky Mavis is committed to addressing the concerns of its player base and finding sustainable solutions.

RON's Role in the Future of Axie Infinity

Despite the current focus on SLP, the RON token plays a crucial role in the long-term vision for Axie Infinity. BTCUSD Bitcoin Axie Infinity devs release governance token for Ronin Blockchain to mixed player response 'SLP still on the ground LOL, if this coin stays like that I'm gonna quit Axie man,' said one disgruntled player.By decentralizing the Ronin blockchain, RON can foster greater transparency, security, and community involvement in the ecosystem.

Here are some potential future benefits of the RON token:

  • Empowering the Community: RON holders will have a say in the future development of the Ronin blockchain, ensuring that it evolves in a way that benefits the community as a whole.
  • Attracting New Developers: A decentralized and secure blockchain can attract new developers to build applications on Ronin, expanding the Axie Infinity ecosystem and creating new opportunities for players.
  • Increased Security: By incentivizing validators to act responsibly, RON can help to secure the Ronin blockchain and protect it from attacks.

Ultimately, the success of RON will depend on its ability to drive meaningful change within the Axie Infinity ecosystem and deliver tangible benefits to players and developers alike.

How to Acquire and Use RON

For those interested in acquiring and using the RON governance token, here's a brief overview of the process:

Acquiring RON

  1. Centralized Exchanges (CEXs): RON can be purchased on various cryptocurrency exchanges.Ensure the exchange you choose is reputable and supports the RON token.
  2. Decentralized Exchanges (DEXs): Within the Ronin ecosystem, decentralized exchanges may offer ways to swap other tokens for RON.
  3. Earning through Staking and Participation: As mentioned earlier, validators and participants in the Ronin network are rewarded with RON.

Using RON

  1. Paying Transaction Fees: Use RON to cover gas fees on the Ronin blockchain.
  2. Staking: Stake your RON tokens to contribute to network security and earn rewards.
  3. Participating in Governance: Use your RON tokens to vote on proposals and shape the future of the Ronin blockchain.

Before acquiring or using RON, it's essential to conduct your own research and understand the risks involved in investing in cryptocurrency.

The Role of the Ronin Wallet

The Ronin Wallet plays a crucial role in managing and interacting with RON and other assets within the Axie Infinity ecosystem.It's a digital wallet specifically designed for the Ronin blockchain, allowing users to securely store, send, and receive cryptocurrencies.

Key features of the Ronin Wallet include:

  • Secure Storage: The wallet provides a secure environment for storing your RON, AXS, SLP, and other Ronin-based tokens.
  • Easy Transactions: The wallet simplifies the process of sending and receiving cryptocurrencies on the Ronin blockchain.
  • Integration with Axie Infinity: The wallet seamlessly integrates with the Axie Infinity game and marketplace, allowing you to buy, sell, and trade Axies and other assets.
  • Staking Functionality: The wallet may provide functionality for staking your RON tokens and earning rewards.

The Ronin Wallet is an essential tool for anyone participating in the Axie Infinity ecosystem.It provides a secure and convenient way to manage your digital assets and interact with the Ronin blockchain.

API and Developer Portal

Sky Mavis is also focusing on supporting developers through its Application Programming Interface (API).An API is essentially a tool that allows different software programs to communicate with each other.By offering API endpoints for important aspects of the Sky Mavis ecosystem, like Ronin, Axie Infinity, and the Ronin Block Explorer, they are hoping to encourage further development and innovation. Axie Infinity devs release governance token for Ronin Blockchain to mixed player response Axie Infinity devs release governance token for Ronin Blockchain to mixedThis includes access to data and functionalities that can be used to create new tools, applications, and experiences within the Axie Infinity universe.

Conclusion: Navigating the Future of Axie Infinity and RON

The launch of the RON governance token marks a significant step in the evolution of Axie Infinity and the Ronin blockchain. 'SLP still on the ground LOL, if this coin stays like that I'm gonna quit Axie man,' said one disgruntled player. Continue readingWhile the initial response from players has been mixed, largely due to concerns surrounding SLP, the RON token has the potential to drive positive change in the long term.

Key takeaways:

  • RON is crucial for decentralization: RON empowers the community and enhances the security of the Ronin network.
  • SLP concerns remain a priority: Sky Mavis must continue to address the issues surrounding SLP to maintain player engagement and trust.
  • The future is community-driven: The success of Axie Infinity and RON depends on active participation from players, developers, and validators.

The future of Axie Infinity hinges on successfully balancing the needs of its players, fostering a sustainable in-game economy, and embracing the principles of decentralization. RON is the governance token for the Ronin blockchain. Its main purpose is to secure and decentralize the network. Ronin will thrive if RON is in the hands of the builders and users of the network. Ronin validators will need to hold and stake RON to participate in validating blocks. They will be rewarded with newly issued RON and RON used forWhile challenges remain, the launch of RON represents a commitment to building a more resilient and community-driven ecosystem.As Sky Mavis continues to refine its approach and address player concerns, the Axie Infinity community will be closely watching to see how the RON token shapes the future of this groundbreaking play-to-earn game. The governance token for Sky Mavis Ronin blockchain, RON, has been launched. The founder of the blockchain game Axie Infinity created the Ronin blockchain to scale the game s success. Decentralizing Axie Infinity. Axie Infinity s Ronin chain now has a governance token, a key step in decentralizing the network.The integration of the API and the encouragement of developers is crucial to ensure the longevity of the platform.It is crucial to remember that cryptocurrencies are risky investments and to only invest what you can afford to lose. New post added at Tabarau Gazette - Axie Infinity devs release governance token for Ronin Blockchain to mixed player responseAlways Do Your Own Research!

Katie Haun can be reached at [email protected].

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