Ronin Network Launches Staking Feature and Adds New NFT Games
Ronin Network, the internal sidechain of Sky Mavis, has launched its staking feature that allows users to now earn rewards by staking $RON tokens along with new games added to the platform. Learn more about this exciting development in the gaming industry.
Sky Mavis’s Ronin Network has announced a significant milestone for the network, with the release of the betting feature and the addition of new NFT game titles. The network has made strides in the gaming industry and this latest development is a testament to their commitment to providing a seamless gaming experience for their users.
$RON bet function
Previously, users could only earn $RON tokens through farming and in-game features, such as in Axie Infinity. Now, with the release of the stake feature, users can contribute to the security of the network while earning rewards.
For users who are not aware of staking, staking is a process where users unlock their tokens to help secure the network and earn rewards in return. By staking a network’s governance token, users can earn a portion of the transaction fees generated on the network.
New NFT games
The latest games added to the platform are The Machines Arena, a team-based shooter developed by Directive Games that features futuristic scenarios, Tribesters: Island of Solas, an immersive story-driven game from Tribes Studio that allows players to influence the narrative, Axie Champions, a puzzle game inspired by Axie Infinity from Bali Games, and Bowled.io, a cricket-themed title that will appeal to the sport’s 2.5 million fans.
Ronin Network is Sky Mavis’s own dedicated sidechain that has made the game more efficient. Axie Infinity was on Ethereum but has since moved to the sidechain for better efficiency.
The network also wanted to be a platform that could offer games for players and become a platform for developers to place their games on. With the addition of new games, the network expands its offerings and provides more opportunities for players to engage with the platform.
Final thoughts
Ronin Network’s betting feature and new game titles are important milestones for the platform. It helps to further decentralize the network and motivates users to participate in securing the network. With efforts, users can earn passive income while supporting the growth of the platform. With the addition of new games, the network expands its offerings and provides more opportunities for players to engage with the platform.
Ronin Network’s commitment to providing a seamless gaming experience for its users is evident in its latest developments. With the launch of the betting feature and the addition of new games, the network is poised for growth and success in the gaming industry.
Edmond is a passionate writer for video games, GameFi and Web3. He has worked for top GameFi companies and video game/crypto news sites.
