#RONIN KATANA CHAIN HOW TO#

USD Coin (USDC): a stablecoin, which is constantly in a 1:1 ratio with US Dollar.Wrapped Ethereum (WETH): the ERC20 equivalent of Ethereum, one of the most widely used cryptocurrencies in the world.There are only 270 million AXS that will exist in circulation, and they will ultimately enable holders to participate in both the success and direction of the community. Axie Infinity Shards (AXS): the governance token of Axie Infinity and an asset in the community.Smooth Love Potion (SLP): one of Axie Infinity’s in-game tokens with no fixed supply as it is earned by playing and also a necessity for breeding Axies.Katana being the inhouse DEX for Sky Mavis’ sidechain Ronin will have these assets available for exchange: It will also allow swapping of these assets into liquidity pools which can be rewarded with both a share of the trading fees and RON tokens, ecosystem token of the Ronin blockchain. Katana, launched last Thursday, November 4, is a decentralized exchange for Ronin which now allows users to trade between Axie Infinity Shards (AXS), Smooth Love Potion (SLP), USD Coin (USDC), and Wrapped Ethereum (WETH) without using other wallets, saving users from spending too much on gas fees.

Exciting times ahead!” DappRadar wrote in a tweet. Katana, the Ronin decentralized exchange (DEX) of Sky Mavis, developer of play-to-earn (non fungible token) NFT game Axie Infinity, has currency reached 132k users and a total value locked (TVL) of $1.38B according to DappRadar, an information and insights provider for decentralized apps.

#RONIN KATANA CHAIN HOW TO#

How to Farm or Earn Ron Token in Axie Infinity Katana Dex.How to Use Axie Infinity’s Katana Dex, How to Swap Tokens on Ronin Chain.

Ronin katana chain