Ronin Blitz is distributing $3M in total token rewards for exploring DeFi on Ronin. It’s designed to boost the network's liquidity as new DeFi protocols come online. This guide will help you blitz through the campaign to maximize your rewards
Live Opportunities
Getting Started
1. Connect Your Wallet
Click on the “Connect” button to connect your Ronin Wallet.
2. Explore the Latest Opportunities
- Browse available pools and opportunities.
- Check the APR and TVL, then weigh the impermanent loss risk before jumping in.
- New opportunities pop up over time, so follow Ronin X and revisit the dashboard regularly!
3. Provide Liquidity & Earn Rewards
Below are two example paths you can follow to provide liquidity (Katana) or lend assets (Compound). You can choose either—or both, depending on which opportunities make sense for you.
Example A: Provide Liquidity on Katana (AXS-WRON Pool)
- Select a Pool
Click “Supply” to open the Katana v3 pool.
- Create New Position
- Fee Tiers: Some fee tiers suit certain pairs better. Lower fees often work for stablecoins, while higher fees are ideal for more volatile or exotic tokens.
- Price Range: Choose a price range for your liquidity. If the asset’s price goes outside this range, you stop earning fees, and your liquidity becomes single-sided until the price comes back in range. Learn more about v3 pools.
- Liquidity: Enter the amount of tokens you want to contribute; Katana automatically calculates the matching amount of the other token.
- Confirm & Add Liquidity
Double-check your details and click “Add Liquidity“ to finalize your position and start earning fees!
Example B: Supply Assets on Compound (via Complend)
This example shows how to supply WETH on Compound V3 through the Complend interface.
- Select WETH on Compound V3
Click “Lend” to open the Compound V3 market.
- Connect Ronin Wallet
Click on green Connect Wallet button in the top right corner of the page.
Then select Ronin Wallet in the popup modal.
- Supply WETH
Click on green Lend button in the top right corner.
Select amount of WETH to lend.
- Approve, Submit, and Confirm the Transaction
That’s all, and start earning fees!
4. Claim Your Rewards
Visit the Ronin Blitz Dashboard every 9–12 hours to check and claim any rewards.
Liquidity Pool Rewards Calculation
A quick DeFi lesson ⚔️ Did you know there are FOUR sources of Ronin Blitz liquidity pool rewards?
- Token0 rewards
- Token1 rewards
- Boosted Merkl fees
- Swap fees
What are Token0 and Token1 rewards in a liquidity pool?
Token0 is the token on the left.
Token1 is the token on the right.
Each token earns a unique reward % from its liquidity pool's total rewards.
Here’s an example 👇
Rewards split example
Picture a USDC/WRON pool.
The pool grants:
- 45% of the pool's total rewards to USDC (Token0) suppliers • 25% of the pool's total rewards to WRON (Token1) suppliers
That means you can earn more by depositing USDC in that pool!
But wait: 5% + 75% = 80%
What about the other 20% of the pool’s rewards? Those are called boosted Merkl fees 👇
What are boosted Merkl fees?
Glossary
New to liquidity providing? No worries. Here’s a quick rundown of key terms every LP should know before diving into DeFi.
Liquidity - Crypto sitting in a pool so people can swap between tokens.
Think of it like stocking the vending machine — traders come in, grab what they need, and the LPs (you!) earn a cut.
Liquidity Provider (LP)