Ronin (RON) is the native ecosystem token of the Ronin blockchain, a network purpose-built for gaming and digital collectibles. Originally developed to support Axie Infinity, Ronin has since expanded into a broader platform designed to host multiple games and consumer-oriented products, with an emphasis on scalability, low transaction costs, and a smooth user experience for non-crypto-native players. RON's primary function is to serve as the utility asset securing the Ronin network through staking by validators, helping protect the chain as it processes transactions. In the future, the token is also intended to be used for paying gas fees across the ecosystem. Beyond these core utilities, RON plays a governance role, allowing holders to participate in decisions that shape the network's development and incentive structures. As a gaming-focused sidechain and Layer 1 platform, Ronin supports smart contracts, non-fungible tokens, and play-to-earn mechanics, positioning it as a specialized infrastructure layer for blockchain-based gaming and NFT applications.
The May 12 cutover ends Ronin's standalone-sidechain era and hands network security over to Ethereum mainnet — the structural fix for the bridge vulnerability Lazarus exploited in 2022.
The shift ends five years of standalone sidechain operation and slashes RON inflation from over 20% to below 1%, but the roughly 10-hour outage window is the first real test.
The hard fork inherits Ethereum's security after the record $625M bridge exploit, but the real story is supply: 90M RON of staking rewards get rerouted to the treasury as issuance collapses from over…
RON is the ecosystem token for the Ronin chain.
Ronin (RON) is categorised as: Smart Contract Platform, Gaming (GameFi), NFT.
The official Ronin site is https://roninchain.com.
Most recent Ronin coverage: "Ronin migrates to OP Stack Layer 2 four years after $625M hack" — read at /en-US/a/ronin-migrates-to-ethereum-layer-2-on-may-12-four-years.
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