Rings Points

The protocol benefits from a healthy amount of incentives in order to bootstrap its adoption. Besides the 2x Sonic Points per scAssets, Rings is a large contender for the GEM airdrop:

As an Emerald Tier winner from Sonic Boom, Rings already has a headstart. The additional 8x boost will enable it to boast one of the largest drop opportunities of the ecosystem.

The Rings Point campaign will last 25 weeks, each representing a cycle eligible to 4% of the final total GEM drop.

The base system of points is the following (but subject to evolutions as cycle passes):

• 1 point / scUSD / day;

• 2x if staked;

• 3x if locked;

At the end of the campaign a portal will be opened and users will be able to redeem their Rings Points for $S.