After Pixels, what other potential airdrops are available for RON stakers? (with staking tutorial attached)

Joyce

24-02-18 15:24

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On February 8th, Ronin, an Ethereum sidechain ecosystem, announced the launch of its token PIXEL and its listing on Binance's new coin mining platform. As of the time of writing, the total funds participating in PIXEL mining on Binance have exceeded 8 billion USD, including over 2 billion FDUSD and more than 16 million BNB.

As Binance mining is about to end, Pixels announced on social media on February 18th that it will airdrop to RON stakers, and has reserved 20 million PIXEL tokens for distribution in two phases, with a snapshot date of February 8th at 10:00. The amount of PIXEL tokens that users can receive is divided into 4 levels based on the amount of RON staked, with 183.34 PIXEL tokens being awarded for staking 1 RON.

Whale actions are frequent, how is the RON yield from pledging?

If, according to the community's speculation, the price of PIXEL after being listed on Binance is between 0.4-0.6, then the minimum profit that can be obtained by staking one RON (which was about $2.6 on February 8th) is 183.34*0.4=73.3 USD, which is more than 28 times the profit, and can be said to be quite considerable.

The potential benefits of pledging RON were seen as early as three months ago. In December 2023, DeFi protocol Impossible Finance announced that it would deploy Launchpad based on the Ronin network to release Web3 game project assets. Products released on Launchpad may require the use of tokens such as RON, AXS, and IDIA for pledging and distribution. This move greatly stimulated the willingness to pledge RON. Three days later, Jihoz.ron, co-founder of Axie Infinity, posted on social media that 62% of RON tokens had been pledged.

According to community observations, a whale transferred a large amount of funds to the Ronin network a week before the announcement by Impossible Finance. An address starting with 0x088 transferred 474.99 ETH (worth about $990,000) to the Ronin network when the price of RON was less than $1. Before Ronin was listed on Binance, the community also noticed that several VC founders began buying RON in large quantities. Wangarian, the founder of Tagent, already holds over $1.9 million worth of RON.

Why does Whale favor RON? It is due to the strong development of the Ronin ecosystem in the past six months. The staking function of RON is a key part of activating the Ronin ecosystem. In March 2023, when the RON staking function goes live, Ronin announced the first batch of game studios that will be partnering with them, including Directive Games, Tribes Studio, Bali Games, Bowled.io, and SkyVu. Pixels also joined Ronin later on.

Aside from the potential for airdrops, the price of RON has been performing well in the past 3 months. After experiencing a short-term drop of over 15% due to suspected "rat trading" on February 8th when it was listed on the Binance exchange, RON's price has gradually risen back to around $3 from $2.5. Data shows that RON has risen by over 280% in the past 3 months, making the "passive income" gained from staking RON quite substantial.

As of the time of writing, there are already over 188 million RON tokens participating in staking, with a total value exceeding $564 million. Although Pixels' airdrop snapshot for RON stakers has ended, there are still potential airdrop expectations for staking RON in other games in the Ronin ecosystem, such as Aperion and The Machines Arena. Based on these analyses, how to stake RON and what potential chain games are there in the Ronin ecosystem will be introduced in this article by BlockBeats.

Ronin Ecosystem Potential Chain Game

Zoids Wild Arena

Game developer ACT Games is a well-known gaming company in South Korea, dedicated to promoting TCG and other card games. In November 2023, Ronin developer Sky Mavis partnered with ACT Games to bring all of ACT's games to the Ronin network. Zoids Wild Arena is the first game under ACT Games to be migrated to Ronin, and it is positioned as a TCG game where players can collect Zoids series mechanical creature cards and engage in 1v1 or 3v3 battles.

The Machines Arena

The Machines Arena is a 4v4 multiplayer online shooting game that features a third-person perspective and offers both single-player and multiplayer modes. Players will engage in battles on a sci-fi battlefield as tanks or support heroes. The developer of The Machines Arena, Directive Games, is a game development team based in Hong Kong, China, specializing in the development of AR games. The Machines Arena has been tested on the PC and is planned to be launched on the Epic Games Store. The Machines Arena plans to expand across platforms and will later be available on iOS and Android platforms.

Apeiron

Apeiron is a card battle blockchain game where players play as gods and participate in battles using a card-based real-time combat system. Apeiron completed a $10 million seed round led by Hashed in 2022 and announced its migration to the Ronin network in December 2023. The game is currently in the testing phase, and the development team Foonie Magus plans to launch a global mobile game version in the first quarter of 2024, which will include new PvP modes, token issuance, and airdrop activities for early supporters.

On January 16th, Ronin announced that Apeiron has officially launched on Mavis Hub. Players can participate in staking and daily check-in activities in the Apeiron godiverse, collect NFTs on Mavis Market, and win $ANIMA through Apeiron challenges.

How to Stake RON with Ronin Wallet?

Pledging RON needs to be done through Ronin Wallet. Download the browser extension through the official website, set a password, and save the mnemonic phrase to create a wallet account based on Ronin Wallet. Currently, besides Binance, which will soon launch RON, the CeFi platform that provides RON trading pairs is OKX. Choose the Ronin network and send the held RON to the wallet address on Ronin Wallet.

Enter the staking interface on the Ronin official website, click on the wallet icon in the upper right corner, and connect your own wallet.

The Ronin network now has 22 validation nodes. To participate in validation, choose a node and click "Delegate" to stake your tokens. If you want to learn more about the selected validation node, click on the node name to open the detailed information page, where you can find information on the number of participants, delegation rewards, APR, and other metrics.

After clicking "Delegate", enter the amount of RON to be pledged in the pop-up interface, and preview the daily, monthly, and annual pledge reward amounts. After confirmation, complete the signature to proceed with the pledge.