Overview
- Ronin will execute a hard fork at block 55,577,490 on Tuesday around 15:16 UTC to begin its shift from a standalone sidechain to an Ethereum Layer 2.
- The network will pause all activity for about 10 hours, stopping transfers, swaps, NFT trades and game actions, with node operators required to install release 1.2.2 before the halt.
- The upgrade introduces a Proof of Distribution rewards system that pays builders for measurable on-chain use and cuts RON inflation from above 20% a year to below 1%.
- Treasury and fee changes reallocate 90 million RON from staking rewards to the treasury and raise marketplace fees to 1.25% to create steadier funding with less new token issuance.
- Running on the OP Stack with EigenDA links Ronin to Ethereum for settlement and verifiable data, a redesign that addresses risks exposed by its $625 million bridge hack in 2022.