Ronin to End Sidechain Operations on May 12, Relaunch as OP Stack L2

Ronin is scheduled for a major network upgrade on May 12, moving from an independent gaming sidechain that has operated since 2021 to an Ethereum Layer 2 built using the OP Stack. The upgrade is expected to cause roughly 10 hours of network downtime.

The transition also brings a major change to tokenomics, reducing RON inflation from over 20% to under 1%. Ronin previously faced a significant setback in 2022 when a bridge exploit resulted in about $625 million in losses.

Source: Ronin