Altcoin Ronin has announced a $13 million program aimed at accelerating the development of its ecosystem and DeFi integration. This is a significant move in the market, as Ronin aims to become a consumer-focused blockchain.
Contributions of DeFi to the Ronin Ecosystem
Ronin's DeFi integration targets improvements in ecosystem size and user experience. New earning opportunities for enhancing and protecting liquidity are expected to stimulate capital flow into the Ronin network. This is anticipated to increase the total value locked (TVL) and transaction volume on the blockchain.
Structural Layers of Ronin DeFi
Ronin will build its DeFi ecosystem on three fundamental layers. The first layer comprises basic financial structures, including stablecoins, decentralized exchanges (DEX), and lending markets. The second layer involves liquidity strategies and yield models, encompassing earning vaults, liquid staking products, perpetual contracts, and automated liquidity management.
User and Gaming Aspects of DeFi in Ronin
The third layer is focused on gaming and consumer-oriented DeFi, integrating DeFi into gaming loops and innovative applications like prediction markets and social finance platforms. This new ecosystem will provide players with opportunities to earn returns on in-game assets while offering developers a chance to manage gaming economies more efficiently.
Ronin makes a significant step forward in DeFi integration, aiming to enhance user experience and increase economic activity within its network. The strategy to create an ecosystem connecting games, social apps, and financial services could become a key growth point for the Ronin blockchain.
