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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.
Centrifuge (CFG) is a decentralized finance (DeFi) protocol that aims to bring real-world assets onto the blockchain, enabling users to tokenize and finance their assets. By utilizing the power of blockchain technology, Centrifuge allows individuals and businesses to access liquidity by using their physical assets as collateral in a transparent and efficient manner.