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One Ring is a Multi-Chain Cross-Stable Yield Optimizer Platform.
Technical complexity and information asymmetry are two major problems facing the decentralized finance (DeFi) industry in its quest for mass adoption. For inexperienced users, DeFi can oftentimes feel daunting and almost impossible to grasp and that is when using only one blockchain! When you begin to throw different wallets, different tokens for gas, and different bridges between blockchains into the equation, the DeFi experience can turn into a nightmare for some.
Stablecoins, and stablecoin farming in particular, are not well-understood by the mass market. Presently, there are too many blockchains with too many farming options for the average user to consider. It is difficult to locate and manage multiple farm options thereby discouraging usage. For most, risk analysis is also quite complex and involves protocol risk, the team’s abilities assessment, and stablecoin price peg mechanic analysis.
These drawbacks are simply too much for the average user to grasp. Enter One Ring…
One Ring yield optimizer platform will find the best yields for your stablecoins no matter which coin (including stable LP tokens) you deposit or which blockchain you use. We begin with our IDO on Polygon and Fantom and integrate their stablecoin farms before moving forward to Binance Smart Chain, Avalanche, Elrond, Solana and others.
One Ring users will enjoy the best stablecoin farming returns on the market by simply depositing the stablecoin of their choice into the platform. You can ‘set it and forget it’ while our cross-chain farming protocol auto-compounds 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.
Capturing even more value for our users and investors, One Ring’s native $RING token will be staked on the platform delivering utility and governance rights to stakers.
