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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.
LayerZero (ZRO) is a next-generation cryptocurrency designed to facilitate seamless cross-chain communication and interoperability between various blockchain networks. By leveraging innovative technology, LayerZero aims to enhance the scalability and efficiency of decentralized applications (dApps), allowing users to transact and interact across multiple blockchain ecosystems without friction.