The $RON Token is deeply integrated within the protocol and ecosystem by combining the utilities of Blockchain Gas token, DEX, NFT Marketplace, Launchpads and others.
Current
- Gas Fees & Payment for Blockspace
- EIP1559 gas fee mechanism - RON base gas fees directed to protocol treasury, taken out of circulation. This returns value to all token holders equally.
- Staking for Network Security in Delegated Proof of Stake consensus
- 250k RON per validator
- Users delegate RON to secure the network for RON rewards
- RON as Store-of-Value and Medium of Exchange
- Most liquid asset on Ronin ecosystem
- NFTs priced in RON, requiring NFT traders to hold RON
- RON<>XXX token is the preferred pair for liquidity provisioning on DEX
- Games’ revenue in RON
- Payment use case: Pay in RON for exclusive access, discounted pricing, VIP benefits
- RON is the most widely held token on Ronin; Boost your project in terms of discoverabiity and trust within the ecosystem
- Ronin Protocol Treasury buyback and burn or make. Ronin Treasury receives fees from crucial Ronin dApps. Track Protocol Treasury growth here.
- Launchpad Access
- Stake RON to receive higher allocations or airdrops for new projects’ Token/NFTs
- Token and NFT primary sales mainly in RON
- e.g Ronin Launchpad powered by Impossible Finance
- Ecosystem Membership Tiers & boost Reputation
- Hold X amount RON to receive benefits from Ronin ecosystem of launches and products
- Games distributing Whitelists and Early Access via https://guild.xyz/ronin
Looking into
- Bridge Fee sharing
- Staking ETH in Bridge to generate Yield, this may create new source of funding for Ronin Treasury
- Ronin zkEVM - To run a zkEVM sequencer, stake 250k RON to become a L1 Validator