Ronin will migrate to the Ethereum Layer 2 network on May 12th

According to CoinDesk, the Ronin public chain behind Axie Infinity will migrate to the Ethereum Layer 2 network through a hard fork on May 12th, with an expected downtime of about 10 hours and a suspension of all transfers Swap、 Contract interaction and on chain game operation. The upgrade will adopt the OP Stack architecture and the "Proof of Distribution" model, rewarding builders based on network contributions and reducing RON inflation rate from over 20% to less than 1%. The 90 million RON originally used for staking rewards will be transferred to the national treasury fund, and the market handling fee will be increased from 0.5% to 1.25%.