Katana to implement V3 upgrade with liquidity rewards on Ronin Network

Ronin Network (RON) has announced a v3 upgrade for its decentralized exchange, Katana, to enhance trading efficiency and capital use, Cointelegraph reported. Set for November, the update will introduce customizable fees and concentrated liquidity pools, allowing liquidity providers to set more precise profit margins and risk levels. As part of the upgrade, Ronin will halve liquidity rewards in two phases, aiming to save around 2.7 million RON per quarter without impacting liquidity. This follows an earlier integration with Chainlink's cross-chain protocol to strengthen Ronin’s ecosystem.