How to Participate in OneRing’s Liquidity Bootstrapping Pool
Get some $RING, win some cash
After completing our private-round and public-round sales with resounding success, OneRing is eagerly anticipating the final step of its $RING token launch — the liquidity bootstrapping pool (LBP) on Beethoven X. The $RING LBP is scheduled to commence today, January 27, 15:00 UTC.
Important notice: $RING liquidity will be added to SpookySwap on Saturday, January 29 at 15:00 UTC. At this point, $RING trading will be live and you can trade your tokens acquired in the LBP (but why would you want to do that ?!?)
If you missed our introductory article on what exactly an LBP is, please read it carefully so you have a greater understanding on the mechanics of an LBP. After that, you should be able to easily follow this simple, step-by-step guide for participating.
Step-by-step guide to LBP participation
- Go to OneRing’s Launch page on Beethoven X: Click here
- Connect your MetaMask wallet. (Make sure you are on Fantom Opera)
- Notice what Ludwig has to say in the top right corner.
- Explore the graph on the left, relax, maybe take a nap.
- Use the “SWAP” interface on the right side.
- Select the token you want to use to purchase RING (Use USDC for the best possible price). There will be a 2.5% swap fee, we use this fee to pay for beets.fi services (2% at the end of the LBP).
- Click preview trade.
- Breathe.
- Approve trade.
Congratulations! You have now participated in the LBP. You now are the owner of the $RING!
Don’t forget the GIVEAWAY!
While the LBP is programmed to result in continuous price depreciation, we have incentivized you to participate early!
If you buy at least $100 USDC worth of $RING in the first 24 hours of the LBP, you will be eligible to win one of ten $5,000 USDC prizes! No, your eyes are not playing tricks on you, turn $100 USDC into some $RING and $5k USDC!
On top of that, if you participate in the LBP on day two, you will be eligible to win an NFT package with some very cool NFTs from our partners. These cool partners with the very cool NFTs include:
- Beethoven X
- Spookyswap ( Magicats Collection )
- Cyberneko
- Botsquad Lama
Thank you for joining us to this point on our journey. This is surely just the beginning of what promises to be an epic tale of OneRing — One Ring to yield them all!
About OneRing
OneRing is the first multi-chain cross-stable coin yield optimizer in the space. The goal of OneRing is to take away the complexity of DeFi 2.0 and make things easy for the user. By this, we will be able to open the DeFi space for a whole new layer of users that want to receive yield on their stables instead of just having them sit in their wallets. With a strong network of partners, KOLs, advisors, and such, OneRing aims to go right to the top and set new benchmarks for the upcoming DeFi 2.0 winter.
