Ronin Chain, the blockchain used by Web3 game Axie Infinity, will be pausing its Ronin Bridge for 24 hours or less. According to an announcement, this is in preparation for the Ethereum sidechain’s transition into Delegated Proof of Stake (DPoS).
Read CRYPTONEWSLAND onAs mentioned in the tweet, Ronin Bridge will pause for around a day to ensure a seamless upgrade to DPoS. As many OG Axie Infinity fans are aware, Ronin Bridge serves as a gateway between Ethereum through MetaMask and Ronin, the wallet developed by Axie Infinity’s creator Sky Mavis.
The transition should not affect transactions made on Katana, Ronin Chain’s decentralized exchange (DEX). In addition, the post did not specify whether Binance transfers will be affected as well.
The Ronin network did not specify which existing Ronin Chain validators are leading contenders to become the first batch of delegates once the chain has upgraded to DPoS. At the moment, some of the top validators include Google, Animoca Brands, DappRadar, Nansen, Yield Guild Games (YGG), NonFungible, Axie DAO, and Sky Mavis.
Meanwhile, Ronin (RON) made a 2.7% increase in the last 24 hours and is currently trading at $1.14. Axie Infinity (AXS) also recorded a similar surge (2.5%) and is changing hands at $8.65 per piece.
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