Introducing Ronin’s $3M DeFi Rewards Blitz — Powered by Merkl

Ronin, a gaming-focused EVM blockchain, is rolling out Ronin Blitz, a $3M DeFi incentive program rewarding users who provide liquidity or borrow assets, propelling Ronin from a gaming chain to a full-fledged consumer ecosystem.

And at the heart of it all? Merkl, powering seamless reward distribution and maximizing user incentives!

Bringing DeFi to Ronin’s Thriving Gaming Ecosystem

Ronin, the blockchain renowned for its flourishing gaming ecosystem, is making a bold move to expand into DeFi. With the Ronin Blitz, a $3M DeFi incentive program in WRON tokens, Ronin is rewarding users who keep liquidity within its ecosystem. Managed by AlphaGrowth, a platform that guides and accelerates DeFi protocols and chains growth, this initiative is set to transform Ronin into a full-fledged DeFi powerhouse.

To ensure seamless execution, AlphaGrowth sought a technical partner with expertise in reward distribution and management. That’s where Merkl comes in!

As the leading platform for managing and distributing incentives, Merkl is proud to power the Ronin DeFi Rewards Blitz, handling reward calculations, distribution, and the dedicated program app.

How the Ronin $3M Rewards Blitz Works

The program is designed to reward DeFi users who actively engage with Ronin’s ecosystem.

In Phase 1 of the program, participants earn rewards by:

• Providing liquidity in Katana DEX V3 pools for WRON, WETH, USDC, AXS, and LRON
• Borrowing or lending on Compound V3

This initiative ensures that liquidity stays on Ronin, fueling a sustainable and dynamic DeFi landscape.

More protocols will soon be added to the program, bringing even more rewarding opportunities for DeFi users.

Merkl’s Role in Powering the Ronin Program

Smart contract deployment Merkl has deployed its incentive distribution contracts on Ronin, ensuring accurate and transparent rewards allocation.

Protocol onboarding and support Merkl has worked closely with participating protocols, Katana DEX and Compound v3, to ensure seamless integration and maximizing user rewards.

Efficient reward distribution With its powerful engine, Merkl efficiently allocates and distributes rewards based on users’ liquidity positions, ensuring a fair and transparent incentive program.

Dedicated Ronin app To enhance the user experience, Merkl has developed and is hosting a dedicated app for the Ronin program. This intuitive app allows DeFi users to explore incentivized opportunities, track their rewards, and seamlessly claim them, all in one place.

By partnering with Ronin and AlphaGrowth, Merkl is helping to build a strong foundation for DeFi within Ronin’s ecosystem. With the $3M Rewards Blitz in full swing, DeFi on Ronin is set to evolve, unlocking new opportunities for both gamers and DeFi enthusiasts.

Now’s the time to get involved! Whether you’re a protocol looking to join or a user ready to earn, dive into the Ronin DeFi Rewards Blitz today.

Welcome to the future of DeFi on Ronin, powered by Merkl.