Ronin’s Katana DEX is set to launch a v3 upgrade, focusing on improving liquidity efficiency and capital utilization. The update, which will roll out in November, introduces concentrated liquidity pools and customizable fees, offering better trading depth and reduced slippage. As part of the upgrade, Ronin will also cut its liquidity mining rewards by 50%, following a previous reduction in March. This move aims to boost capital efficiency and reduce the need for high RON emissions. The reward adjustments, which will save around 2.7 million RON tokens per quarter, are designed to enhance liquidity while reducing inflation.