• NFT game Axie Infinity has launched its Ronin (RON) token.
  • Crypto exchange OKX has listed RON on its spot trading section with a current 85% price surge.
  • Within the Ronin DEX, users will need to pay for transactions using RON tokens.

Axie Infinity’s Ronin (RON) token has finally launched, bringing with it sheer excitement to the leading NFT game’s community.

In less than 24 hours since its launching, prominent crypto exchange OKX (previously OKEx) announced its RON listing. 

Within the OKX spot trading section, RON price is trading at around $3.7 at the time of writing. This is an 85% surge.

Katana, Axie Infinity’s own decentralized exchange (DEX) for the Ronin network, also launched its RON liquidity pool and farm. Specifically, liquidity providers who earned RON token can claim it and restake it to farm additional RON.

What is more, Ronin DEX will now be using RON for transaction fees. The new update means that soon, transactions on the Roninchain will require RON as a gas fee.

disclaimer read more

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.