OneRing Private-Round on Samurai

OneRing to yield them all

Published in

CyberFi — Intelligent DeFi Automation

4 min readJan 13, 2022

CyberFi Samurai are excited to announce the complete details on OneRing’s private-round sale of their $RING token. This private-round sale is open to all stakers of just ONE $CFi token on Samurai. One token staked to participate in OneRing, it is a beautiful thing! The sale is scheduled for January 19, 2022, 11:00am UTC on Samurai Launchpad.

Note: Stakers in the Emperor tier will have a separate opportunity to purchase $RING tokens in order to avoid FCFS and secure an allotments of up to $5,000 USDC.

Check out our fabulous QUICK HITTER for all details on OneRing’s private round in ONE convenient location.

OneRing to Yield Them All

OneRing is the first multi-chain cross-stable coin yield optimizer in the crypto space. The goal of OneRing is to take away the complexity of DeFi 2.0 and make things as easy as possible for new DeFi users. OneRing aims to open DeFi and yield farming to new users that want to earn high yields on their stable coins.

OneRing yield optimizer platform finds the best yields for your stable coins no matter which coin (including stable LP tokens) you deposit or which blockchain you use. The protocol will begin by integrating Polygon and Fantom stable coin farms before moving forward to Avalanche, Solana, Harmony and other layer one and layer two blockchains.

OneRing users will enjoy the best stable coin farming returns on the market by simply depositing the stable coin of their choice into the platform. You can ‘set it and forget it’ and OneRing will auto-compound your profits to leverage the yield, turning APR into APY, at the best rate for you. It is optimal not only for risk-averse investors, but also those investors who are looking for safer investment opportunities amid bear market conditions or those wishing to stay well ahead of inflation.

The OneRing ($RING) token is the utility and governance token of the OneRing platform. Stakers of $RING enjoy a number of benefits including:

Capturing the value of the ecosystem through fee collection
Receiving discounts on platform fees
Voting on the implementation of new farms
Voting on the inclusion of new blockchains.
Voting on the parameters of token buybacks

In addition to earning a percentage of fees generated by the platform, stakers can expect continued upward pressure on the price of the $RING token due to regular buybacks.

$RING Tokenomics

$RING total supply: 100 million RING
$RING private-round price: $0.25 USD
Private-round vesting: 0 at TGE, one-month cliff, linear vesting over 12 months

*OneRing is conducting a liquidity bootstrapping pool on BeethovenX. Full details can be found here.

Participation on Samurai

OneRing’s private-round sale is going down on Samurai Launchpad on January 19, 2022, 11:00am UTC.

Because of our tight-knit relationship with OneRing and their eagerness to welcome as many of our community as possible to their platform, we are going to do something a little special for participation in the OneRing private round:

All stakers of a minimum ONE $CFi (you read that right, 1 $CFi) on Samurai Stakepad are eligible to participate in this guaranteed-whitelist private-round!

Interested CyberFi stakers must state their intention to participate in the private-round by clicking “Whitelist to IDO” on the Samurai Dashboard: Here.

Whitelist Start: Thursday, January 13
Whitelist Deadline: Wednesday, January 19, 04:00 UTC
IDO participation: Wednesday, January 19, 11:00 UTC to Thursday, January 20, 11:00 UTC.
$RING TGE: TBD
Token claim on Samurai: From one month after TGE

Whitelisted stakers are eligible to purchase $RING at the private-round price of $0.25 USDC per $RING (a 50% discount on the listing price of $0.50!). The token can be purchased in allotments between $300 USDC and $5,000 USDC on a first-come, first-served basis.

***Important Notice: Purchases in this private-round are made using $USDC on the Fantom Opera Network.

Tokens purchased in the private-round are subject to vesting with no tokens released at TGE, a one-month cliff, followed by 12 months of linear vesting.

Please refer to our convenient QUICK HITTER for all relevant sales information in one handy location.

If you are unfamiliar with our tier structure, you can check it here: Samurai Tiers (although tiers are not relevant to this private-round)

About OneRing

OneRing is the first multi-chain cross-stable coin yield optimizer in the crypto space. The goal of One Ring is to take away the complexity of DeFi 2.0 and make things easy for new DeFi users. OneRing opens DeFi to new users that want to earn high yields on their stables. OneRing to yield them all!

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