Ronin said that its migration to Ethereum is complete, ending downtime and moving the network into its next phase. According to Ronin’s blog, the chain is now a Layer 2 on Ethereum while continuing to operate under the Ronin name.
The change affects Ronin users, builders and RON holders because Ethereum now underpins the network’s security and transaction processing. Ronin said RON remains the gas token, Katana liquidity pools are unaffected, and emissions dropped from 45M RON per year to 5M RON per year, with future rewards flowing to builders through Proof of Distribution.
Ronin said the network is already up and running on Ethereum, while builders should register smart contracts for rewards as calculations begin. The next milestones include validator follow-up actions, broader builder participation and new Ronin Treasury revenue streams from staking allocations, net sequencer profits and marketplace fees.
Source: Ronin’s Newsletter.
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