According to official Ronin news, on May 13th, Ronin announced the completion of its migration to the Ethereum ecosystem, becoming an Ethereum Layer 2 network built on the OP Stack, while retaining RON as the gas token, with extremely short downtime. Ronin also adjusted the RON token economic model, reducing the annual token release from 45 million to 5 million, with an annualized inflation rate of approximately 1.2%. New token rewards will be distributed to ecosystem builders through a "proof-of-allocation" mechanism. In addition, the Ronin Treasury added three new revenue streams: the remaining 90 million RON staking rewards, Sequencer net profit, and 1.25% transaction fee revenue from the Ronin Marketplace (previously 0.5%).😳😳😳😳😳
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