Introducing the Katana Liquidity Mining Program 2023!

Beginning in Q1 2023, we will be introducing a new structure for the Katana Liquidity Mining program!

• The RON emissions of the current 2022 liquidity mining program will decrease by 50%

• New incentives for specific token pairs on Katana DEX

• These changes will take effect on January 1, 2023

Katana: a long, single-edged sword used by Japanese samurai

Katana is Ronin’s native decentralized exchange. It allows anyone to trade tokens like AXS, SLP, RON, USDC and WETH from their Ronin wallet anytime, anywhere. This allows players of games like Axie Infinity to buy and sell in-game currencies.

Sky Mavis and our active community make all of this possible by providing liquidity in pools of token pairs on Katana.

In 2022, we began the mission to boot our native token RON by putting it in the hands of our community. We achieved this by allowing liquidity providers in certain key pools to earn RON tokens.

At the beginning of the new year, we are introducing dynamic changes to this program.

The RON token plays a crucial role in Ronin transaction fees and security. We are reducing its overall emissions by 50% from the current 2022 liquidity mining program rate. This in turn will lower RON’s inflation rate while ensuring that RON has sufficient liquidity in the ronin chain.

We are also pleased to announce new incentives for liquidity providers as we transition to new RON liquidity pools earlier in Q1. We have chosen to implement these incentives rather than stopping issuance on December 31st as we believe this is the most efficient way to ensure Katana has sufficient liquidity for our community to transact business.

This first iteration of program implementation runs from January 1st to March 31st. At that time, we will conduct a quarterly review of the program. The rewards start at this block: https://explorer.roninchain.com/block/20301102.

The budget for the new Katana Liquid Mining program is ~RON 11M or about 1.1% of the total supply.

The past year has tested Ronin and we have come out of it more resilient than ever. When we launched Ronin in 2021, we recognized the disruptive nature of digital ownership and its power to revolutionize gaming. We look forward to continuing this search in 2023.

Thank you to our loyal community for your thoughtful commitment to our vision. Happy New Year and see you in our liquidity pools!

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