BlockBeats News, March 19th, Ronin's official announcement revealed that DeFi is coming to Ronin. Ronin is evolving into a full-fledged consumer chain where games, consumer dApps, and DeFi converge to create a RON-centered embedded player economy. The team is partnering with allies like Alpha Growth to accelerate DeFi development on Ronin through a $13 million growth plan, providing funding for incentive mechanisms and liquidity bootstrapping.
Ronin's expansion into DeFi will drive ecosystem growth in the following areas:
· Attracting and retaining liquidity – More yield opportunities will bring capital into Ronin and anchor it in the ecosystem, ultimately increasing the total value locked (TVL) on-chain and transaction volume.
· Enhancing user experience – Through DeFi, users can experience new on-chain functionalities, from integrating game-based yield assets to activities like liquidity staking and other sustainable yield opportunities.
· Attracting new users – DeFi power users seeking returns will stay for the content, discovering the games and community that set Ronin apart.
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