I'm curious about the ronin token. Specifically, I want to understand its purpose. Why was it created and what role does it play in its respective ecosystem or platform?
5 answers
Nicola
Wed Oct 30 2024
RON serves as the ecosystem token for the Ronin blockchain.
CharmedWhisper
Wed Oct 30 2024
Its primary role is to enhance the security and decentralization of the Ronin Network.
BitcoinWarrior
Wed Oct 30 2024
The Ronin Network utilizes RON tokens to facilitate transaction fees.
QuasarPulse
Wed Oct 30 2024
Similar to ETH on the Ethereum Network, RON is required for all operations on Ronin.