Ronin’s decentralized exchange Katana from AxieInfinity is up and running! With Katana, anyone can easily switch between assets within the Axie Infinity ecosystem.
Currently traded between AXS, SLP, USDC and WETH.
Katana was created for:
- Makes using Axie easier and cheaper.
- Reduce dependency by becoming the largest exchange for the Axie ecosystem tokens.
- Increase liquidity for ecosystem assets This will make it easier to exchange tokens while playing Axie!
Katana also allows anyone to become a liquidity provider by depositing assets in trading pairs into liquidity pools.
It also launched RON, an ecosystem token for the Ronin family, used to pay gas fees and secure the network for both Axie Infinity and future games/products hosted on the network. The main objective of RON is to ensure that Ronin will always be a community-owned blockchain.
10% of supply All RONs will be awarded to liquidity providers depositing in SLP/ETH and AXS/ETH opening later this week.
All Ronin users receive 100 free transactions daily, and henceforth a transition to a system that requires RON tokens for all transactions. These gas costs are minimal and make the ecosystem more sustainable in the long run. sustainability
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