Ronin is a low-cost and highly efficient network purpose-built for onchain gaming. Ronin was developed by Sky Mavis, the creator of Axie Infinity, and allows developers to launch games with player-owned economies. RONIN is the utility token of the Ronin ecosystem. RONIN can be used to pay for gas fees and engage in network governance. RONIN can also be used to secure the network through staking.

Reserve Rights (RSR) is the central governance token of the Reserve ecosystem. Reserve is a platform for creating DTFs (Decentralized Token Folios), which are the decentralized, self-custody, onchain version of ETFs. DTFs created on Reserve are called RTokens, and there are two types: Yield RTokens and Index RTokens. When staked on any Yield RToken or locked on any Index RToken, RSR holders gain governance rights to propose and vote on basket and configuration changes. For Yield RTokens, staked RSR serves as overcollateralization, providing first-loss capital in the unlikely case of a collateral default in exchange for a portion of revenue. RSR tokens can also be held unstaked if preferred.