CandleFocus Sky Mavis to halt free transactions for Ronin wallets on October 9
2024-10-02
Author: Content Editor
Starting from October 9, users of the Ronin wallet will no longer have free transactions. The previous subsidy for Axie NFT owners and Ronin wallet accounts will be discontinued and replaced with a new, smaller package of free transactions. The new gas fee will be 0.01 RON (equivalent to $0.016) per transaction. This change is aimed at benefiting the chain's validators and creating a sustainable ecosystem for gaming studios. In place of the free transactions, Ronin will introduce Ronin Waypoint, which will offer gas-free transactions to new users to make the onboarding process easier. Any entity can become a sponsoring service and pay for the gas fees of whitelisted wallets. Ronin also hosts other games and has a small-scale DeFi sector. The RON token has experienced price fluctuations and is unlocking new tokens to increase its circulating supply. Ronin's strategy is to target gaming studios and vet projects that have a playable version or are close to launching, avoiding vaporware projects or those solely focused on NFT sales.
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