Ronin completes migration to Ethereum L2, with RON annual inflation rate decreasing by about 9 times According to Golden Finance, on May 13th, Ronin announced that it has completed the migration to the Ethereum ecosystem and officially become an Ethereum Layer2 network built on the OP Stack. Ronin stated that keeping RON as the Gas token would result in extremely short downtime throughout the entire process. Ronin also announced a significant adjustment to the RON token economic model. The annual token release of RON has decreased from 45 million to 5 million, a decrease of about 9 times, and the current annualized inflation rate is about 1.2%. In the future, new token rewards will be directly distributed to ecosystem builders through a new "proof of distribution" mechanism. In addition, Ronin Treasury has added three new sources of revenue, including the remaining 90 million RON staking rewards, Sequencer net profit, and a 1.25% commission income from Ronin Marketplace (previously 0.5%). Ronin stated that this migration not only means accessing Ethereum security and liquidity, but also bringing its Web3 gaming ecosystem and millions of blockchain game users back to the Ethereum ecosystem.