Katana is a decentralized exchange (DEX) built on the Ronin blockchain, developed by Sky Mavis, the creators of Axie Infinity. This platform allows users to swap tokens within the Ronin ecosystem, provide liquidity to various pools, and stake their liquidity pool (LP) tokens to earn rewards. By using Katana, users can trade assets without the need for a central authority.
Launched in conjunction with Katana, RON is the ecosystem token for the Ronin chain. It's utilized for paying gas fees and securing the network, benefiting both Axie Infinity and any future games or products that are hosted on the chain. The main objective of $RON is to guarantee that the Ronin blockchain remains community-owned.
Ronin is the ecosystem token for the Ronin chain, which will be used to pay gas fees and secure the network. RON's primary purpose is to ensure Ronin remains a decentralized exchange. Users receive LP tokens for providing liquidity, which they can then stake in the "farm" section of Katana to earn RON tokens.
Katana aims to solve liquidity fragmentation in the crypto industry. This issue can lead to significant price changes and has been a major barrier for institutional involvement in DeFi. The new blockchain will allow users to earn higher returns and explore DeFi in a unique, optimized environment. This ecosystem will ensure that every digital asset is more effective and valuable.