Ronin Network Introduces Bounties To Boost DeFi Interaction

On Dec 16, 2024 at 8:02 pm UTC by · 3 mins read

Ronin Network has launched Bounties in closed beta, bring a fresh way for users to engage with the Ronin network.

The Ronin network is stepping into a new phase of growth and engagement with the launch of Ronin Bounties. This gamified reward feature enhances users’ interaction and offers real-world incentives for players within the Ronin wallet.

These bounties represent the first major feature to bridge gaming and Decentralized Finance (DeFi). This initiative marks a pivotal moment in the ecosystem’s growth, with Ronin Bounties paving the way for future user-generated content, quests, and much more.

Ronin Bounties Unlocks a New Era of Gamified Rewards

Starting December 17th, Ronin Wallet users will have access to the highly anticipated Ronin Bounties feature.

Notably, this initiative will be kicking off with two Axie-related quests. These quests, part of the closed beta, bring a fresh way for users to engage with the Ronin network. Participants can earn rewards, including 4,000 AXS and 50 Nightmare Axies.

These initial bounties are just the start. As Ronin Bounties expands, it will provide more opportunities for players to interact with the platform. This feature is poised to boost the entire Ronin ecosystem.

To kick things off, eligible Ronin Wallet users on Android and browser extensions will have access to the closed beta for two weeks only. The process of the bounties is designed to be both simple and rewarding.

When logged into the Ronin Wallet, eligible users will find a new Quest section, displaying a list of available missions.

As a participant, the goal is to complete the missions and claim rewards before January 3rd, 2025. Once the tasks are complete, users can claim their rewards directly within the Ronin Wallet. During this closed beta period, users will have the chance to provide feedback that the Ronin team will use to improve the feature before its global launch.

What’s Next for Ronin Bounties?

While these first Ronin bounties are focused on Axie Infinity, the initiative is designed to scale across the entire Ronin ecosystem. The ultimate goal of Ronin Bounties is to integrate the feature across a wide array of games and projects within the ecosystem.

Developers can leverage this system to create unique quests catering to their games. At the same time, it contributes to the growth of the Ronin ecosystem. In doing so, Ronin Bounties will create a more engaging and rewarding user experience. This will boost participation and build a stronger community on the platform.

Ronin is quickly advancing its infrastructure for a future where users can engage with the platform more quickly and seamlessly. Features like the Chainlink CCIP integration and Katana V3 are on the way. These could position Ronin as a leader in blockchain gaming and decentralized finance when launched.

These updates are poised to improve interactions between Ronin-based apps and support various use cases in DeFi. As more games, users, and developers join, the Ronin ecosystem will grow and create new opportunities for everyone.

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