Ronin Blockchain to Migrate to Ethereum Layer 2 on May 12, with 10-Hour Mainnet Downtime

Gate News message, April 23 — Ronin, a gaming blockchain, will migrate from an Ethereum sidechain to Ethereum Layer 2 on May 12. The migration will be triggered at block height 55,577,490 and will transition Ronin to OP Stack. The mainnet will experience approximately 10 hours of downtime, from 11 a.m. to 9 p.m. EDT, during which games may be temporarily inaccessible.

Following the migration, RON token inflation will drop sharply from over 20% to below 1%, while market transaction fees will increase from 0.5% to 1.25%. The 90 million RON previously used for staking will be reallocated to the Ronin treasury.

Ronin will also introduce a “proof of allocation” system that automatically distributes RON rewards to developers.