New Token Pairs on Katana DEX
Important update to the 2023 Katana Liquidity Mining Program
Key Points
Starting February 7th, the emission rewards from WETH pairs will transition to new RON pairs on the Katana DEX. This will increase RON liquidity and support more activity on the Ronin blockchain.
This is an important step towards RON staking as it will make RON more liquid and accessible.
To acquire RON, visit Katana.
What is the 2023 Katana Liquidity Mining Program?
The 2023 Katana Liquidity Mining Program is the latest update to RON liquidity and incentives available through the Katana DEX.
If you’d like a quick recap, read our previous announcement here.
Introducing New RON Token Pairs
We launched Ronin in 2021 because our flagship blockchain game, Axie Infinity, needed a more efficient scaling solution to process the enormous transaction volume from our active players.
Today, Ronin has begun its exciting journey towards becoming a foundation for more blockchain games than Axie. As a result, the RON token must become more liquid to support more activity and more games!
That’s why we’re introducing new RON pairs that will receive the rewards previously emitted by WETH pairs. This means WETH pairs will continue to exist but will no longer emit rewards, while new RON pairs will emit those former rewards instead.
Here are what the new token pairs and their emissions will look like:
RON/WETH* emissions will be ~60,422 RON per day
AXS/RON emissions will be ~24,169 RON per day
SLP/RON emissions will be ~12,084 RON per day
USDC/RON emissions will be ~24,169 RON per day
We expect this important change to increase RON liquidity. This is a critical step towards a successful mainnet DPoS launch.
Final Thoughts
We are proud of how far Ronin has come since 2021, and excited about where we will go in 2023. The future is bright for our incredible community whom we cannot thank enough.
Stay tuned for more updates to the 2023 Katana Liquidity Mining Program in Q1, and see you in the new RON pools!
Note: thank you for your amazing applications to the Saigon Testnet Validator Program! We were blown away by your enthusiasm. More details coming soon!
*Today, the current RON/WETH pair emits ~84,592 RON per day. After February 7th, this pair will emit ~60,422 RON instead.