The Ronin Treasury will initiate a buyback of RON, with the buyback amount approximately 1.3% of the circulating supply.

BlockBeats News, September 21st, according to official sources, the Ronin Treasury will begin purchasing RON from the open market on September 29th. The Ronin Treasury holds over $4.5 million in tokens, including 895 ETH and 650,000 USDC.

Starting from September 29th, the Treasury will begin converting 100% of its ETH and USDC holdings into RON. At current prices, this represents approximately 1.3% of the current circulating supply.