Ronin

When the native token launched, Katana DEX users could withdraw RON farming rewards from pools with set daily rates. Sky Mavis later planned to cut Katana liquidity-pool RON rewards in phases, roughly halving them each time, after liquidity-provider APRs rose to about 70%.

Ronin distributes newly issued RON among validators and their delegators, so staking is the core way to earn it. Some validators, such as the YGG node, ran snapshots that hinted at side airdrops for stakers, which are described by Bitpinas. These are validator promotions and not a Ronin programme.

The Ronin blog says annual RON emissions dropped from 45 million to 5 million, with future emissions going to builders through a "Proof of Distribution" system. The post is undated in the excerpt, so check it before relying on the numbers.

Ronin is also where other game airdrops happen, such as the PIXEL token from Pixels, but those belong to those projects and are separate from RON.

Halving rewards in stages is a way to avoid a sudden drop in liquidity and keep APRs at levels that can be paid for.

One practical point is that staking rewards are not free money. Locked funds can lose value, validators can be penalised for downtime and unbonding periods delay access to your tokens. Before relying on advertised yields, compare the reward with these costs and remember that emissions were cut sharply, which lowers yields for everyone who stakes.