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Ronin (RON) is the native utility token of the Ronin blockchain, a layer-2 solution designed to enhance the Ethereum ecosystem by providing faster and cheaper transactions specifically for gaming and non-fungible tokens (NFTs). Initially developed for the popular blockchain game Axie Infinity, RON facilitates various operations within the Ronin network, including staking, governance, and transaction fees.
Amp (AMP) is a digital asset designed to facilitate instant and secure transactions across various decentralized networks. It serves as collateral to ensure that transactions are completed in a reliable manner, enhancing the overall efficiency of payment processing in the cryptocurrency space.