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Easily convert RON to IOST with ConvertOnline's efficient tool.
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.
IOST (Internet of Services Token) is a blockchain network designed to facilitate the development and deployment of decentralized applications (dApps) and services. Its primary focus is on scalability and speed, aiming to support a high throughput of transactions to meet the needs of the growing decentralized economy.