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One of the world’s leading on-chain gaming platforms, Axie Infinity, has recently introduced new a reform into its payment fee policy conditions. The gaming company came up with the decision in order to make its sidechain platform, Ronin, more resource-efficient to bring in more revenue and to improve its scalability.
Users to Possess In-game Land and Axies for Free Transactions Purposes
As officially announced by Axie Infinity’s media team via its social media platforms and widely spread, the company said that as from the 29th of March, 2022, the number of free transactions permitted to be carried out on its local sidechain, the Ronin Network, is going to be absolutely limited.
The team at Axie Infinity clarified that the policy of having free transactions as a point was important for the launch and growth of the Ronin network and Axie Infinity platform generally, as well as for the execution of its local token, the RON. But over time, the high gas fee and the limited space on the free RPC is making the continuous offer of free transactions on the Ronin network unsustainable.
As a means of ensuring that growth is rapid and sustainable on the Ronin Network, new limits on the number of free transactions have been brought into the network. According to the new rule, users on the RONIN network are expected to have held at least 1 MEO Axie for a minimum of 30 days in order to have just two transactions that are free for that month. But it is said that having Mystic Axies gives the holder of such the opportunity to carry out up to 80 free transactions every month.
If an individual, by chance, holds Mystic Lands, their free transaction limits can be extended to 160 for a month.
A Module to Stake Native RON and DEX: What Does the Ronin Network Mean?
Every individual account is going to be given a number of free transactions which is strictly based on the value of the highest NFT it has. In order to secure the attached bonus of the free transactions, those accounts are expected to hold their land or high-value NFTs for the entire duration of the month.
At any time they run out of free transactions, users will have to purchase the required RON tokens from Katan DEX using a new account and then top-up the main account with the newly bought tokens. According to some news sources, the Ronin Network is a blockchain built specifically for the Axie Infinity native ecosystem. It presently carries three protocols on it namely; Axie Infinity, its Katana crypto exchange, and the marketplace for game assets.
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