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Ronin Treasury will begin to repurchase RON, with assets worth over 4.5 million dollars held in its treasury.
According to BlockBeats news on September 21, the Ronin treasury will start purchasing RON from the public market on September 29, according to official information. The Ronin treasury holds over 4.5 million dollars in tokens, including 895 ETH and 650,000 USDC. Starting from September 29, the treasury will begin to convert 100% of its ETH and USDC holdings into RON. At current prices, this accounts for approximately 1.3% of the current circulating supply.