Cryptocurrency Q&A
What is the Ronin token?
What is the Ronin token?
DongdaemunTrendsetter
Sat Nov 16 2024
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6
answers
1415
The Ronin token, denoted as RON, is a cryptocurrency token specifically designed for the Ronin blockchain network. It serves as the native token for the platform, which was created by Sky Mavis to support the Axie Infinity game. RON is utilized for various purposes within the Ronin ecosystem, including transaction fees, staking, and governance.
6 answers
EnchantedSky
Mon Nov 18 2024
RON will eventually have a utility in paying gas fees.
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CryptoTrader
Mon Nov 18 2024
Gas fees are essential for conducting transactions on the Ronin chain.
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Valentina
Mon Nov 18 2024
Ronin RON serves as the ecosystem token for the Ronin chain.
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CryptoEagle
Mon Nov 18 2024
By using RON, users can ensure the smooth operation of the network.
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Valeria
Mon Nov 18 2024
BTCC, a top cryptocurrency exchange, offers a range of services related to RON.
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