The Hostilboy
1.4K posts










Want to answer some questions that have popped up after yesterday's article: 1. Why hold RON if passive rewards are removed? While passive staking rewards are being eliminated to fix inflation, RON is shifting from a high-emission token to a value-capture token. Governance Power: Control of the treasury is moving from validators to a token-weighted voting system. As a holder, you now decide how the treasury uses its capital, whether that be for buybacks, distributions, yield farming, etc. Deflationary Potential: The article explicitly mentioned shifting toward a "deflationary trajectory." This creates a better supply dynamic, which paired with higher demand from new revenue streams and treasury inflows, creates a healthier RON. Staking is not a required mechnic, there are many tokens that do not have staking mechanisms that perform well due to buyback mechanisms. 2. Will RON still be used for GAS? Yes. 3. What's happening with RON on Coinbase? In the past, Coinbase has chosen not to support layer 2 upgrades, such as Celo's. We've reached out to Coinbase about this and still hope to see them support the migration. For now, Coinbase is recommending to withdraw your RON from Coinbase before the migration. 4. Will we have to manually unstake our RON? The staking conctracts will not be deprecated, only the rewards. This means you can unstake your RON at any time and there's nothing urgent. Original article: x.com/Jihoz_Axie/sta…























