Ronin Network, the in-house sidechain of Sky Mavis, has launched its staking feature allowing users can now earn rewards by staking $RON tokens alongside new games added to the platform. Learn more about this exciting development in the gaming industry.
Sky Mavis’s Ronin Network has announced a significant milestone for the network, with the release of its staking feature and the addition of new NFT game titles. The network has been making strides in the gaming industry, and this latest development is a testament to its commitment to providing a seamless gaming experience for its users.
$RON Staking Feature
Previously, users could only earn $RON tokens through farming and in-game features such as in Axie Infinity. Now, with the release of the staking feature, users can contribute to the security of the network while earning rewards.
For users unaware of staking, staking is a process where users lock up their tokens to help secure the network and earn rewards in return. By staking a network’s governance token, users can earn a portion of the transaction fees generated on the network.
New NFT Games
The latest games added to the platform are The Machines Arena, a team-based shooter game developed by Directive Games that features futuristic scenarios, Tribesters: Island of Solas, an immersive story-driven game from Tribes Studio that allows players to influence the narrative, Axie Champions, a puzzle game inspired by Axie Infinity from Bali Games, and Bowled.io, a Cricket-themed title that will appeal to the sport’s 2.5 million fans.
Ronin Network is Sky Mavis’s own in-house dedicated sidechain that has made the game more efficient. Axie Infinity was on Ethereum but has since made the move to its sidechain for better efficiency.
The network desired also to be a platform that can provide games for gamers and become a platform for developers to place their games on. With the addition of new games, the network is expanding its offerings and providing more opportunities for gamers to engage with the platform.
Final Thoughts
Ronin Network’s staking feature and new game titles are significant milestones for the platform. It helps to decentralize the network further and incentivizes users to participate in securing the network. With staking, users can earn passive income while supporting the growth of the platform. With the addition of new games, the network is expanding its offerings and providing more opportunities for gamers to engage with the platform.
Ronin Network’s commitment to providing a seamless gaming experience for its users is evident in its latest developments. With the release of the staking feature and the addition of new games, the network is poised for growth and success in the gaming industry.