Ronin’s schedule will be upgraded to Ethereum layer 2

TLDR

Ronin will transition from an independent sidechain to Ethereum Layer 2 on May 12th. The network executes a hard fork at block 55,577,490 and halts activity for approximately 10 hours. Ronin says all transfers, exchanges and smart contract interactions will stop during the break. The amendment introduces a distribution proof model to reward active contributors. The new model reduces the inflation of the RON token from more than 20 percent to 1 percent.

Ronin will transition from an independent sidechain to Ethereum Layer 2 on May 12th. The network executes a hard fork at block 55,577,490 and suspends operations for approximately 10 hours. The group stated that the move will strengthen security in order to prevent inflation.

Ronin migration scheme and network latency

Ronin announced the move in April and confirmed the performance schedule this week. The network said it will start the update around 15:16 UTC on Tuesday, based on onchain data. A hard fork stops transfers, swaps, and modern contract activity during the delay window. “All network transactions will pause,” Ronin said on X, and urged users to complete steps before pausing.

All games built on the network will experience temporary disruptions, the team said. Axie confirmed that Infinity and Pixels will stop in-game onchain actions during the update. Ronin explained, “To avoid any problems, please complete all necessary transactions before the delay period begins. After completing the technical transition, the network will resume operations.”

Ronin launched Axie Infinity four years ago to support the demand for instant transactions. “Axie Infinity has brought millions of players on board to crypto,” the company said. He added that Pixels have shown repeated success on later onboarding. The team now dreams of reconnecting with Ethereum and further integrating with the base layer.

Ronin experienced a $625 million bridge exploit in 2022 as a chainsaw. The attack is the largest DeFi bridge exploit on record. The new structure connects the network directly to Ethereum as layer 2. The team says that this structure will increase the security of the bridge and reduce the risk of the structure.

Integration of RON Token economics and OP stack

It introduces a “proof of distribution” model when migration is reduced. Ronin says the model rewards builders based on active network contributions. The company said the change would reduce inflation from more than 20 percent to one percent. He described the adjustment as “essentially for RON”.

Ronin will return 90 million RON tokens to its treasury. The network will increase its marketplace fee from 0.5% to 1.25%. The team confirmed these changes as part of the improved token structure. It aims to reset supply dynamics with fewer emissions and updated incentives.

RON trades around $0.11 with a market capitalization of close to $89.5 million. The token is below the 2024 high. But following the migration announcement, prices have increased by 30 percent in the last 30 days. Onchain data reflects increased activity in the preparation phase.

Ronin will migrate to the OP Stack to act as Ethereum's Layer 2. The network says this integration will allow it to inherit Ethereum's security framework. It also uses EigenDA to support the expansion of data availability. The company confirmed that it will start the migration process on Tuesday at 15:16 UTC.