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Ronin announces RON buyback has commenced, expected to last one month

Summary: In breaking news, according to official sources, Ronin has announced that the RON buyback has begun. Ronin Treasury will exchange approximately 890 ETH and around 650,000 USDC for RON. The buyback is expected to last around one month and will utilize Time-Weighted Average Price (TWAP) to minimize market disruption. At current prices, Ronin Treasury will ...

In breaking news, according to official sources, Ronin has announced that the RON buyback has begun. Ronin Treasury will exchange approximately 890 ETH and around 650,000 USDC for RON. The buyback is expected to last around one month and will utilize Time-Weighted Average Price (TWAP) to minimize market disruption. At current prices, Ronin Treasury will acquire approximately 9,000,000 RON, representing about 1.3% of the circulating supply.

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