Cryptocurrency Q&A What is Ronin's token?

What is Ronin's token?

BitcoinBaron BitcoinBaron Sat Nov 16 2024 | 7 answers 1653
I'm interested in Ronin and would like to know more about its token. Specifically, I want to understand what Ronin's token is and its function within the Ronin ecosystem. What is Ronin's token?

7 answers

GangnamGlitz GangnamGlitz Mon Nov 18 2024
RON is the ecosystem token of the Ronin blockchain.

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JessicaMiller JessicaMiller Mon Nov 18 2024
It serves as a medium for users to conduct transactions on the Ronin network.

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CryptoPioneer CryptoPioneer Mon Nov 18 2024
With RON, users can access various decentralized finance (DeFi) features on the platform.

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CryptoNerd CryptoNerd Mon Nov 18 2024
One of the notable DeFi features is community governance, allowing token holders to have a say in the direction of the Ronin blockchain.

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SolitudeEcho SolitudeEcho Sun Nov 17 2024
Staking RON through validators is another utility that users can engage in.

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