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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.
Avalon Labs (AVL) is a decentralized cryptocurrency designed to facilitate seamless and secure transactions across various digital platforms. Leveraging blockchain technology, AVL aims to provide users with enhanced privacy, lower transaction fees, and faster processing times compared to traditional financial systems.