Today's a day we've been building towards for years. @Ronin_Network is officially an Ethereum Layer 2. @VitalikButerin recently said that the era of generalized L2s is over. We agree. Ronin was built for a very specific use-case. To scale Axie beyond crypto, to everyday people. Over the years, it's become more than just the chain for Axie. A crew formed. An alliance of games and apps looking to make crypto fun, accessible, and educational. Today we've plugged Ronin back into Ethereum to become the most interesting, entertaining, and welcoming way for regular people to step into crypto. We are Ethereum's gamification engine. This is a full circle moment, and wouldn't be possible without the tireless, often thankless efforts of the @ethereum developer community, who've made it much much more sensible to run an L2 compared to an L1 or side chain. When we created Ronin, L2s were just an idea. Today, blob fees are affordable. The tech and security is battle tested. The benefits: > By using Ethereum for security we no longer have to pay for our own security costs via inflation while inheriting the security of the largest smart contract platform ever created > Much easier to tap into liquidity and shared network effects from Ethereum > Reduced inflation and improved $RON tokenomics due to the costs we save on incentivizing network security > Ronin is now 50% faster Today we're also rolling out upgrades that make Ronin even more unique: > The proof of distribution system is now live and operational, programmatically dispersing rewards to builders based on metrics that have been most correlated with $RON momentum in the past: pod.roninchain.com/ > The Ronin treasury has been bolstered with new streams of value: 1.25% of all NFT volume on Ronin, all sequencer fees, and 90 M RON that was previously set aside for staking rewards > We've rolled out a new landing page for welcoming participants to the ecosystem: roninchain.com/ It's been a long journey. From the early days in the CryptoKitty community. From 30 users to millions. From Axie to an entire roster of games. And somehow, it's clear to me: this is just one more step on a path that stretches many years ahead of us. We choose to move forward, not because it's easy, but because it's hard and if it works, we have a chance to make history. Again.