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Ronin Partners with Compound Offering $1M in Rewards

News

Ronin Partners with Compound Offering $1M in Rewards

Ronin partners with Compound to enhance DeFi adoption with $1 million in COMP and RON token rewards, offering new financial opportunities for gamers and investors.

By Eliza Crichton-Stuart author avatar

By Eliza Crichton-Stuart

Ronin Partners with Compound Offering $1M in Rewards

Ronin, the gaming-focused blockchain developed by Sky Mavis, is taking a significant step toward decentralized finance (DeFi) following its transition to a permissionless network in February 2025. With a growing emphasis on consumer applications and financial services, Ronin has introduced a $13 million growth initiative aimed at increasing DeFi adoption, funding incentives, and enhancing on-chain liquidity.

Ronin x Compound 

As part of this expansion, Compound, a well-established decentralized lending and borrowing protocol, is among the first projects to integrate with Ronin. Together, Ronin and Compound are contributing $1 million worth of COMP and RON tokens as rewards, marking a major step in bringing financial services to the blockchain’s gaming ecosystem.

Ronin Partners with Compound Offering $1M in Rewards

Ronin Partners with Compound Offering $1M in Rewards

New Financial Opportunities for Ronin Users

The integration of Compound onto Ronin is expected to provide new financial opportunities for users. Gamers and investors will be able to earn yield on idle tokens, borrow and lend assets without selling them, and participate in liquid staking for RON tokens. By incorporating DeFi functionalities, Ronin is looking to create a more versatile ecosystem that extends beyond gaming.

Sky Mavis co-founder and CEO Trung Nguyen emphasized the importance of DeFi for Ronin’s long-term growth, stating that a strong financial ecosystem is essential for sustaining user engagement and enhancing liquidity. With Ronin now permissionless, developers have the opportunity to build DeFi solutions that can contribute to a more dynamic blockchain environment.

DeFi’s Role in Enhancing Gaming Experiences

Beyond the financial benefits, the integration of Compound with Ronin highlights the potential for DeFi to improve gaming experiences. Bryan Colligan, Compound’s growth lead, pointed out that the ability to use financial tools within gaming ecosystems can create a more seamless and engaging experience for users. He noted that when game developers adopt features such as cUSDC for in-game savings, players gain access to financial services within the environments where they already spend their time.

This collaboration represents a broader trend in web3, where gaming and finance intersect to create new digital economies. By incorporating DeFi protocols into Ronin, the blockchain is positioning itself as more than just a gaming network, offering financial utilities that benefit gamers, traders, and developers alike.

DeFi Expansion on Ronin Enhancing Gaming

Supercharging DeFi for Gamers

Looking Ahead to 2025

The first DeFi protocols on Ronin, including Compound, are expected to go live in the first quarter of 2025. This development marks an important milestone in Ronin’s evolution, as it seeks to become a blockchain optimized for both gaming and financial applications. By expanding its ecosystem to include decentralized financial tools, Ronin is setting the stage for broader adoption and deeper engagement among its users.

As web3 continues to evolve, Ronin’s partnership with Compound signals a shift toward integrating financial services directly into gaming ecosystems. With new earning opportunities, lending mechanisms, and liquidity options, this initiative represents a significant step in bridging the gap between gaming and decentralized finance.


Partnerships

updated:

March 31st 2025

posted:

March 30th 2025

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