The Ronin DeFi Rewards Blitz is now live, offering users an exciting opportunity to earn a share of a $3 million token reward pool by participating in decentralized finance (DeFi) activities on the Ronin network. This new initiative aims to strengthen network liquidity while bringing fresh protocols into the Ronin ecosystem.
How to Get Involved
To get started, connect your Ronin Wallet to the DeFi Rewards Blitz Dashboard. From there, explore available opportunities, select the one that interests you, and follow the instructions to begin earning rewards. You can claim rewards every 8 hours, based on the size of your position and the opportunities you engage with.
Boosted Rewards in Katana v3 Pools
One of the standout features of the Rewards Blitz is boosted rewards in the Katana v3 liquidity pools, which include popular assets like WRON, WETH, USDC, and LRON. The APRs in these pools are expected to be higher than those in Katana v2, providing greater earning potential for liquidity providers. Additionally, users can put idle wETH to work on Compound to earn further rewards.
Easy Claiming Process
To claim your rewards, simply return to your DeFi Rewards Dashboard, connect your Ronin Wallet, and navigate to the Claims tab. It’s that easy to track and collect your earnings, with new rewards being calculated every 8 hours.
The Bigger Picture for Ronin
The DeFi Rewards Blitz is part of Ronin’s broader push to evolve from a gaming-focused blockchain to a full-fledged consumer ecosystem. With $3 million in rewards and the introduction of new DeFi protocols, Ronin is positioning itself as a key player in the decentralized finance space, with RON at the center of it all.
Final Thoughts
The Ronin DeFi Rewards Blitz presents an exciting opportunity for DeFi enthusiasts to earn significant rewards while helping to grow the Ronin network. Whether you’re new to DeFi or an experienced liquidity provider, the campaign offers a range of opportunities to maximize returns.
