As they clarify, it will be used to pay gas rates and secure the network, both for Axie Infinity “and for future games / products hosted on the chain.” They also announced it today. RON is the own token of the Ronin blockchain ecosystem that will power everything the decentralized exchange. “Katana allows anyone to become a provider of liquidity when depositing both sides of the assets of a trading pair,” they state. The others are Axie Infinity Shards (AXS), which represents a “fragment” of the Axie Infinity Universe Wrapped Ether (wETH), which is Ethereum’s ERC-20 token and USD Coin (USDC), the stablecoin that has a 1-to-1 parity with the US dollar.Īs indicated in the note, the DEX was built for players to use the products in a way easier and less expensive, as well as to “reduce” “dependency” on other parties, becoming “the largest token exchange” in its ecosystem.Īmong other reasons, they aspire i nincrease liquidity of ecosystem assets, opening the doors to exchanges while players spend their time on the app. It is the case of Smooth Love Potion (SLP), a token that is created by just playing and that is essential for the “breeding” of an Axie, the protagonist creatures of the game. In the note they make it clear that it is a DEX Targeted Towards Axie Infinity Players, so most of the exchanges will be executed between cryptocurrencies already known to the members. This is the case of Katana, where Axie Infinity users / players, they will be able to quickly exchange the assets in your wallet “Anytime, Anywhere on the Ronin Blockchain at Low Cost”.įor the company, the launch of Katana is based on the belief of a future “in which all the resources of the game are freely interchangeable tokens.” Four tokens to start This was announced by the same company in a publication on their official blog, where they highlighted that the new DEX can operate between tokens AXS, SLP, USDC and WETH.īy definition, a DEX is an application that allows people to exchange two assets without a bank or other trusted third party intermediating, through smart contracts. Sky Mavis, creator of the game based on non-fungible tokens (NFT), announced this Thursday the launch of Katana, its own decentralized exchange (DEX), through which users will be able to exchange the various assets within the platform. They offer rewards in RON to those who provide liquidity to the DEX.Īxie Infinity continues to expand. I won’t put anything here that I haven’t verified and/or personally used myself.SLP, AXS, wETH and USDC are the tokens that can be exchanged on the decentralized exchange. This video and description may contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. You expressly agree not to rely upon any information contained in this video. #KATANA RONIN DEX FREE#We have taken reasonable steps to ensure that the information on this video is accurate, but we cannot represent that the website(s) mentioned in this video are free from errors. Your level of success in attaining the results claimed in this video will require hard-work, experience, and knowledge. There is no guarantee that you will earn any money using the techniques and ideas mentioned in this video. This video is for educational and entertainment purposes only. Passive income strategies with crypto is a key element of the channel as well as some news. Survival is the name of the game and it led us to crypto. #KATANA RONIN DEX MOVIE#Bartertown (from the movie Mad Maxx) was a community built in the middle of a wasteland. The Bartertown Conglomerate was created as a hub for surviving the digital age. 01:44 – MY CASE ON WHY THIS COULD BE A GREAT MOVEġ8:07 – BEST BRIDGES TO USE FOR RONIN AND ETHĢ2:57 – DRIP NETOWKR & TREASURE KEY MAJOR PARTNERSHIPĢ3:48 – DRIP NETWORK AIRDROPS & THE MANOR FARM UPDATESīest contact for promo via telegram direct : 2 Resurrected Battlenet tag : BartertownC#1806īartertown conglomerate lobby: BARTERTOWN_C PASS: 1ĭrip.community/faucet?buddy=0x0CB62aC9537563C509Cd52Af4F14e23205d7CD2cīuddy address : 0x0CB62aC9537563C509Cd52Af4F14e23205d7CD2c
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