The Ronin network has announced a v3 upgrade for its decentralized exchange (DEX), Katana, with the goal of improving trading efficiency and capital utilization. Scheduled for November, the upgrade will introduce concentrated liquidity pools, enhancing trading depth and reducing slippage for traders and liquidity providers. New features such as customizable fees and concentrated liquidity will allow LPs to set precise profit margins and risk levels, supporting Ronin's treasury. This update aims to boost the DEX's capital efficiency and liquidity, reducing the need for high RON emissions in the liquidity program. Ronin plans to gradually reduce rewards emission rates to enhance liquidity provision and achieve deeper liquidity on the network. The network's efforts to enhance its ecosystem include integrating Chainlink's CCIP for improved security and user experience, signaling a commitment to advancing the adoption of Ronin in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news