Deploying Uniswap v3 on Ronin with Co-Incentives
Overview
This proposal advocates for an official Uniswap v3 deployment on Ronin along with a co-incentivization campaign to establish Uniswap v3 as a primary DEX in the Ronin Ecosystem.
All contracts necessary for Uniswap v3 deployment will be managed under Uniswap’s governance control. To bootstrap liquidity, in combination with the migration of POL and chain-owned liquidity from the Katana DEX to Uniswap v3, Ronin proposes a $1M contribution in RON tokens, matched by $500K in UNI tokens from the Uniswap DAO.
Historically, Ronin has prioritized Katana DEX as its primary trading venue but is now shifting its focus towards making Uniswap v3 its canonical DEX as they further invest and expand their ecosystem.
About Ronin
Ronin, an EVM-compatible Layer 1 blockchain forged for developers building player-owned economies. Powering games like Axie Infinity, Pixels, and Lumiterra, the ecosystem has seen over $4B in marketplace volume and $1B in revenue, catering to millions of daily active users.
Following a successful community-centric growth strategy, Ronin has curated a loyal userbase with 31m+ unique wallets, currently 1.5m MAUs and 400k DAU, making it the #1 gaming chain by active users. Ronin was the 4th most used blockchain in 2024 and the home to Axie, #1 NFT project by all-time volume, verified by the Guinness Book of World Records.
Ronin and Axie Infinity were created by Sky Mavis, a Web3 studio backed by top investors including a16z, Accel, Hashed, Konvoy, Libertus, Paradigm, Animoca Brands, and Mark Cuban.
The Ronin blockchain has recently opened its doors to DeFi, welcoming blue chip dApps and assets including:
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Compound Finance (live)
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Rocket Pool rETH (live)
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Impossible Finance (live)
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Merkl (live)
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Liquity v2 friendly fork (building)
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Steer ALM (building)
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dTrinity (building)
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Morpho (coming soon)
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Threshold TBTC / FBTC (coming soon)
Notable numbers:
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4th most-used blockchain of 2024: Over 70 Web3 games launched or migrated onto Ronin
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Pixels grew 200× post-migration to Ronin (1.1M DAU peak).
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Forgotten Runiverse logged over 1M playtime hours in a 300-hour open beta.
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Tama Mart surpassed $4.5M in trade volume within four days of launch.
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31M wallet downloads: Users from the USA, Asia, Europe, and LATAM use Ronin every day
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$4.2B in NFT trading volume on App.axie: The #1 NFT project by all-time volume, verified by the Guinness Book of World Records
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$45M in NFT trading volume on Ronin Market: Over 175 third-party collections are available (see more at Dune Analytics)
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Over 890 wETH in the Ronin Treasury: Plus RON, AXS, and SLP available for community incentives and other purposes.
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Rocket Pool rETH grew liquidity from $500k to $12M within 60 days
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DEX Trading Volume averaging $6-10m daily, peaking at $175m
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Ronin chain TVL of $70m, with over 85% in the DEX
Ronin’s Future
Ronin recently announced its new roadmap with refreshed Protocol, Tokenomics, and Ecosystem updates. With the support of the Ethereum Foundation and our rollup partners, we will be transitioning into a full-fledged Ethereum-aligned L2 in Q2 2026. Leveraging our expertise and successes in Web3 gaming, Ronin is set to onboard the next generation of gamified experiences and become Ethereum’s gamification engine.
The upcoming Proof of Distribution model is a novel tokenomics mechanism that rewards protocols that contribute to chain activity. This sets us apart from other chains, by reinforcing the incentive flywheel between Protocols and Users, bootstrapping and rewarding activities that help drive ecosystem growth.
We also know that technical advancement and traction are just a part of the equation in crypto. Ronin will be driving a new Emerging Markets Payments strategy, starting off in the Philippines to tap into Saving, Spending and later Remittances markets. The core thesis remains where we seek to economically empower and onboard the next wave of users into crypto.
Most importantly, this cycle has been the institutional adoption cycle for crypto, of which gaming has yet to lean into. We are currently leveraging Ronin’s brand recognition, unstoppable community, and unquestionable traction to expand our borders to Wall Street.
Ethereum’s Nintendo deserves nothing less.
Key Benefits of Deployment
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Ecosystem Expansion (Gaming x DeFi)
Bringing Uniswap v3 to Ronin strengthens the DeFi offering within the largest Web3 gaming ecosystem. Ronin is actively innovating on new game loops that plug directly into DeFi primitives to seamlessly onboard the millions of active gamers into DeFi. -
High Demand and Engagement
With 700K+ Discord members, 2,500+ content creators, and 300K newsletter subscribers, Ronin’s hyper-engaged community presents fertile grounds for rapid liquidity bootstrapping. -
Bootstrapping Uniswap v3
Ronin looks to position Uniswap as the chain’s primary trading hub. Sky Mavis is in-favor of migrating chain-owned liquidity, incentive provisions, and heavy marketing support. -
Historical Success with Uniswap
In 2021, prior to the launch of Ronin’s homegrown Katana DEX, Ronin gaming tokens such as AXS and SLP had staggering trading volumes on Uniswap generating millions in LP fees while attracting over a million unique wallets to Uniswap. -
Access to Unique Assets
Ronin’s unique edge is fostering the development of massive player-owned economies, With an average of 500K DAU across dozens of titles, Uniswap’s v3 will be the trading hub of these game tokens. -
Aligned Incentives
The proposed matching structure ($1M in RON + $500K in UNI) ensures both parties share risk and reward, following proven co-incentive models used in previous network expansions. -
DeFi on Ronin
As the Ronin ecosystem opens its doors to DeFi, Uniswap v3 work in synergy with other blue chip dApps and platforms such as Compound Finance, Morpho, Merkl, Impossible Finance, Steer, and Liquity v2 - with more on the way. -
The DeFi Home of the Philippine Peso Stablecoin (PHPC)
In collaboration with coins.ph, Ronin looks to position itself as the DeFi hub of PHPC. Multiple in-game integrations, lending market listings, incentivized DEX pools, and real-world payment integrations are in the works. Ronin will be the most exciting chain for PHPC token utility.
Proposal Stakeholders
Proposer: Sky Mavis
Deployer: GFX Labs
Bridge Provider: Wormhole
Target Chain: Ronin
Front-end: Oku
Proposal Sponsor: N/A
Proposal Plan / Timeline
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Request for Comment – 1 week
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Community Snapshot Check – Gauge community support in deploying Uniswap v3 on Ronin with $500k of UNI incentives to match Ronin’s $1m commitment
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Deployment: GFX will deploy Uniswap v3 on Ronin on the Oku frontend in the coming weeks
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On-chain Vote – If Snapshot passes, an on-chain proposal will be created
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Deployment & Incentive Distribution – Should the on-chain vote pass, we will work with the Accountability Committee to distribute the $500k if matched UNI and the Uniswap Growth Program to allocate the $1m of RON
Incentive Plan
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Uniswap DAO Match: 500K in UNI tokens distributed via liquidity mining over 6 months from the date of launch
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Ronin Contribution: $1M in RON tokens
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Monitoring Metrics: TVL, trading volume, LP retention, wallet activity — tracked via public Dune dashboards and posted monthly on the UEII thread.
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UNI Incentive Allocations: 75% of the 500K in UNI tokens will be distributed to token pairs that include BTC, ETH, Stablecoins, and their derivatives. 25% of UNI incentives will be allocated to top-performing gaming token pools. This ensures that depth is created for blue chip asset pairs, while simultaneously strengthening trading experiences for gamers and speculators.
We will work with the Uniswap Growth Program to iterate on distribution details as the program progresses, collaborating with necessary partners like Merkl and various ALMs.
Governance and Oversight
Deployment oversight will be managed by the Uniswap Accountability Committee, along with escrow of DAO-owned funds intended for incentivization purposes.
The incentives proposal is being presented to the DAO prior to the deployment of the v3 contracts by the Oku team due to strategic timing purposes. Ronin would like to align efforts around marketing the v3 deployment with simultaneous incentive opportunities for LPs via the Ronin’s DeFi Blitz incentive program.
Having $UNI and $RON incentives live at the same time as the v3 contract deployment will send a strong signal of unity to the community and supercharge the incentive program to bootstrap the Uniswap v3 pools with greater efficacy.
If this incentives proposal were to fail, the v3 deployment will still take place, however, incentive allocation on the Ronin side will not be guaranteed.
Conclusion
Launching Uniswap v3 on Ronin presents a strong and unique opportunity to expand Uniswap’s footprint into the largest Web3 gaming ecosystem. The combination of Ronin’s massive user base, proven ability to scale projects, and aligned foundation funding creates favorable conditions for a successful deployment.
We look forward to community feedback and the opportunity to further refine this proposal.
Thank you for the consideration,
The Ronin Ecosystem team