OneRing October Recap
No tricks, but plenty of treats for our community
After a September of massive news and partnerships, we shifted focus back to you, our beloved community, in October. In the season of trick or treating, OneRing handed out a few treats!
Genki campaign
To celebrate the launch of our EVM platform V1, we launched a Genki campaign to reward our loyal platform users. From October 17 through Halloween, OneRing platform users just had to mint and stake 10 $1USD in order to be eligible to receive a share of 500 $1USD in prizes!
Thank you to everyone who participated in the event, we are grateful for the show of support. If you haven’t done so already, you can check to see if you are one of the lucky winners by checking the following tweet:
$1USD for you, $1USD for you, and $1USD for you
To show our love for our loyal user base, the OneRing team randomly decided to surprise our early users with 500 $1USD in boosted yield to just say thanks for being there for us.
If you haven’t done so already, go check out your $1USD balance and try to redeem your s1USD and enjoy! Keep using our platform and there will be more goodies in store!
Speaking of goodies, OneRing EVM platform users are currently enjoying 10% APY on their stablecoin deposits. That number is over 15% on our Solana platform!
Nothing scary about our Multichain Stable Optimizer
The OneRing Multichain Stable Optimizer has been successfully deployed on Hummus Exchange on Metis in addition to the previously announced deployment on Beethoven X on Optimism. We are currently enjoying great yields for our users!
Remember, all yield from the multichain farm endeavor will be used to buy back and burn $RING! If this is the first time you are hearing about the Multichain Stable Optimizer, check out our article on the topic from September.
Did we mention you can earn more than 10% and 15% on your stablecoins through our EVM and Solana platforms respectively?
OneRing October Quick Hits
What bear market? OneRing continued to offer bullish bribes on Spirit Swap’s inSPIRIT votes.
OneRing will deploy $DAI on Unidex’s Optimism platform in order to help them grow and earn juicy yields for our users.
OneRing joined the teams from Genki and SpiritSwap in a Twitter space to discuss marketing in the Web3 space.
Until next month…
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 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 DeFi.
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