news 
Title: Sky Mavis Re-Locks RON Tokens to Boost Open Ronin Vision
In a move aimed at enhancing its open ecosystem vision, Sky Mavis has announced the re-locking of 75% of its unlocked RON tokens. The decision is expected to boost the overall efficiency and accuracy of the project’s tokenomics.
According to sources, the re-locking process will see 8% of the entire RON supply being vested quarterly over a period of two years. This move aims to ensure that circulating supply calculations on platforms like CoinGecko and CoinMarketCap are accurate. As part of this initiative, Sky Mavis has also aligned its tokenomics with its original whitepaper, guaranteeing consistency across various crypto tracking systems.
The re-locking decision demonstrates the company’s unwavering commitment to open up Ronin’s ecosystem, allowing users to engage freely without any potential inaccuracies in the system. This move is expected to be a significant step forward for the project and will further solidify its stance on transparency and user trust.
RON tokens have been trading at around $1.61 as of press time, with a slight decline of 12.92% over the last seven days and a drop of 7.36% within the last 24 hours.
Source: http://www.crypto-news-flash.com
