Hassan Maishera
On Wednesday, the Ronin Network announced via a blog post that the Katana V3 Upgrade is coming soon. The upgrade would enable Ronin’s decentralized exchange to support concentrated liquidity pools.
It will also bring customizable fees, reduced slippage, and optimized tools for traders and liquidity providers. Concentrated liquidity and customizable fee tiers will empower LPs to set precise risk levels and profit margins while supporting the Ronin Treasury.
The upgrade will boost capital efficiency and liquidity on Ronin’s DEX, reducing the need for high RON emissions in the Katana Liquidity Program. This will also lay the foundation for more token listings.
Ronin Wallet is the crypto wallet developed for Axie Infinity. It operates on the Ronin blockchain, which works as a sidechain on the Ethereum network. The Ronin network makes it much cheaper to trade and breed Axies and greatly reduces the costs of playing Axie Infinity. RONIN is up by 3% and currently trades at $1.491 per coin.
