OneRing — a cross-stable, multi-chain yield optimizer platform. The protocol looks to Polygon, Binance Smart Chain, Fantom and Avax for the highest possible return on your deposits. All earned profits are automatically summed up to use your profits.
About the OneRing project
One Ring — a multi-chain platform for optimizing the yield of stablecoins. In recent years, the stablecoin market has grown to over $120 billion (Coinmetrics). However, a large percentage of this value remains dormant, making no profit in crypto wallets and exchanges. One Ring aims to capture the market by allowing users to deposit stablecoins of their choice. Such as USDT, USDC, BUSD, DAI or VAI to One Ring vaults. The platform automatically finds the best yield for its deposits, cross-chain and cross-stablecoin.
One Ring users will enjoy the best stablecoin farming returns in the market by simply listing their chosen stablecoin on the platform. You can "set it and forget it" while the cross-chain farming protocol automatically sums up your profits to increase yields, turning APR into APY at the best rate for you. It is optimal not only for risk-averse investors, but also for those who are looking for safer investment opportunities in a bear market or want to outperform inflation. Attracting even more value to users and investors, One Ring's native $RING token will be listed on the platform, granting rights of use and governance to stakeholders.
The One Ring token ($RING) - the utility and governance token of the One Ring platform. $Ring stakers will receive a number of benefits, including:
| 1 | Gaining ecosystem value by collecting payments. |
| 2 | Get discounts on platform fees. |
| 3 | Voting on the introduction of new farms, blockchains and token redemption. |
In addition to receiving a percentage of the fees, generated by the platform, stakeholders can expect continued upward pressure on the price of the $Ring token due to regular buybacks.
The future of defi app
DeFi is at the forefront of the decentralized future and One Ring will be here every step of the way, generating optimal stablecoin returns for its users. Firstly, IDOs will be held on Fantom and Polygon and liquidity staking and mining will be introduced for $OR token holders. Until the end of 2021, USDT, USDC, BUSD, DAI and VAI holders will be able to deposit their stablecoin holdings in One Ring Vaults and earn the largest income, available between the Polygon, Fantom and BSC blockchains. In early 2022, One Ring will launch governance protocols, expand to more blockchains and offer you even more opportunities to maximize your stablecoin holdings absolutely.