Ronin Network is gearing up for a major upgrade to its decentralized exchange, Katana, with a v3 update set for November. This upgrade will introduce concentrated liquidity pools, aiming to enhance trading depth and reduce slippage, benefiting both traders and liquidity providers. New features like customizable fee tiers will allow liquidity providers to set precise profit margins and risk levels, boosting capital efficiency.

Additionally, Ronin plans to cut Katana's liquidity rewards by 50% in a phased approach, reducing RON token emissions. This move is expected to enhance liquidity without impacting the network's inflation. Meanwhile, Ronin has strengthened its cross-chain capabilities by integrating Chainlink’s Cross-Chain Interoperability Protocol, aiming to improve user experience and foster adoption.