ronin

## ronin What is Ronin Network? Ronin Network is an EVM-compatible blockchain developed by Sky Mavis, the Vietnamese studio behind the popular blockchain game Axie Infinity . Initially designed to support Axie Infinity’s gaming ecosystem, Ronin has evolved into a permissionless blockchain focused on merging gaming with decentralized finance (DeFi). The network enables fast, low-cost transactions and provides seamless infrastructure for Web3 games and decentralized applications (dApps), allowing developers to build player-centric experiences. Powered by its native token $RON, Ronin Network transitioned from a Proof-of-Authority consensus model to a Delegated Proof-of-Stake (DPoS) mechanism in April 2023. This shift increased decentralization by allowing RON token holders to stake and participate in validator selection. With over 170 million $RON staked (representing 60% of the circulating supply) and 22 validators, Ronin balances scalability with security while maintaining its focus on gaming applications. **Temperature:** 0° ### Steps to Participate 1. Set up a compatible wallet 2. Acquire RON tokens 3. Visit the Merkl dashboard 4. Acquire ETH and/or USDC on Ronin 5. Explore opportunities 6. Select a pool 7. Supply liquidity 8. Configure your position 9. Approve token spending 10. Confirm supply 11. Monitor your earnings 12. Research APR rates 13. Diversify across pools 14. Narrow ranges 15. Wider ranges 16. Historical price analysis *Source: [airdrops.io](https://airdrops.io/ronin/)*

### Steps to Participate 1. Set up a compatible wallet 2. Acquire RON tokens 3. Visit the Merkl dashboard 4. Acquire ETH and/or USDC on Ronin 5. Explore opportunities 6. Select a pool 7. Supply liquidity 8. Configure your position 9. Approve token spending 10. Confirm supply 11. Monitor your earnings 12. Research APR rates 13. Diversify across pools 14. Narrow ranges 15. Wider ranges 16. Historical price analysis