With $RING successfully deployed on Optimism, the community can now earn tremendous yield on their $RING holdings by supplying $RING/$ETH liquidity on Velodrome Finance (with APR currently over 200%!). As OneRing announced its Integration with Velodrome.

$RING is off to the races

OneRing began accumulating and locking $VELO in late November in order to enhance the platform’s voting potential in Velodrome gauge votes which directs $VELO emissions to $RING/$ETH liquidity providers.

At the time of writing, OneRing has secured 1.34m veVELO giving the platform tremendous voting power and currently providing over 200% APR in emissions for our LP. Here is how you can begin earning some of that sweet, sweet yield:

1. Purchase $RING on Velodrome: https://app.velodrome.finance/swap
2. If you already hold Fantom-based $RING, you can bridge it using Multichain: https://app.multichain.org/#/router

Now that you have $RING on Optimism, you can provide liquidity and begin farming!

• Provide $RING/$ETH liquidity on Velodrome: https://app.velodrome.finance/liquidity/manage?address=0xbc002657b3642be7fb607d31aaba8479ea8662d6

Buy and lock $VELO and vote for the vAMM-WETH/RING pool:

• Buy $VELO on Velodrome and lock it here: https://app.velodrome.finance/vest
• Vest $VELO to receive veVELO, lock more tokens for a longer period of time for higher voting power: https://app.velodrome.finance/vest
• Vote for ‘vAMM-WETH/RING’ to earn your share of the bribes: https://app.velodrome.finance/vote

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About Velodrome Finance

Velodrome is a decentralized exchange (DEX) that combines the best of Curve, Convex, and Uni v2 into a cohesive automated market maker (AMM) designed to serve as Optimism’s premiere ecosystem-native liquidity layer and growth engine. The protocol’s ve(3,3) design blends vote-escrow, voter rewards (bribes), locked rebases, and constant emissions into a single dApp to create a robust flywheel previously only possible through several protocol layers.

Website | Twitter

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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.

Website | Twitter

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SOURCE: MEDIUM

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OneRing Finance proudly announces its integration with Apricot Finance, as the first lending Protocol for their Solana product!

Introduction to Apricot Finance

The post Apricot Integration with OneRing appeared first on Smart Liquidity Research.

Partnership HighLights

This partnership of Zebec with OneRing will support them with infrastructure for its treasury management!

OneRing will also be featured on ZAApps: A Fully Functional One-Stop App Store for DeFi Projects on Solana. 

Three major advantages of ZAApps

• Efficiency

An all-in-one app is the definition of easiness. Users can save a lot of time without going through many websites.

• Accessibility

By building on the Zebec SDK proponent, anyone can upload their app without permission. Thus, it provides accessibility to the major projects and the newest ones.

• Functionality

Just like any app store, users can sort, filter, and search for apps easily in one single place. It saves the hassle of finding the app anywhere else.

Overview of OneRing

One Ring is a new DeFi manager for your stablecoins. Deposit any stablecoin, they will find the best farms available and do the rest; forget about all the struggles.

OneRing Finance Features:

• Mint
• Stake
• Swap
•  FAQ
• Calculator
• 1USD Balance
• Mode

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.

Website | Twitter

About Zebec

Zebec is a revolutionary DeFi technology that empowers real-time, frictionless, and continuous streams of payments.

Website | Twitter

The post Zebec Partnership with OneRing appeared first on Smart Liquidity Research.

Introducing OneRing (Solana)

OneRing proudly announces that their Beta is live and ready to roll out their stablecoin yield optimizer platform on Solana Foundation!

To begin with, the goal of OneRing is to take away the complexity of DeFi and make things easy for the user. By this, they will be able to open the DeFi space for a whole new layer of users that want to receive a yield on their stables instead of just having them sit in their wallets. With a strong network of partners, KOLs, advisors, OneRing aims to go right to the top and set new benchmarks for DeFi.

In other words, the platform is still in beta, and deposits are limited to a USD 10k maximum, while platform TVL is limited to a maximum of USD 100k.

Users are advised not to ape too hard and put in more than they can afford to lose. Take this time to become familiar with what the platform has to offer.

Step-by-step Tutorial

1️⃣ Download and install a Solana wallet

• Go to https://phantom.app/download and click the download button to begin the easy installation process. Indeed, always remember to keep your seed phrase safe and never store it online!

2️⃣ Get some $SOL for gas

• $SOL is the native token of the Solana network, and you will need a little of it to interact with the Solana blockchain.

3️⃣ Get some $USDC on Solana

• Bridge $USDC in an EVM wallet (e.g. MetaMask) usi, ng the Allbridge.io bridge. However, if you are unfamiliar with bridging tokens, please refer to Allbridge’s Bridging Guides. The bridged $USDC will have to be swapped for native Solana $USDC using: https://jup.ag/swap/afUSDC-USDC
• Transfer $USDC from a centralized exchange into your previously created Phantom wallet.

4️⃣ Welcome to OneRing (Solana)

• Go to Solana.onering.tools and you are almost ready to instantly begin earning yield on your stablecoins.

5️⃣ Connect your Solana wallet to the OneRing dApp

• In the top right corner of the OneRing page click the ‘Select Wallet’ button and choose your Phantom wallet and connect.

OneRing Finance features

• Mint
• Stake
• Swap
•  FAQ
• Calculator
• 1USD Balance
• Mode

Total Staked: This represents the total amount of 1USD staked on the OneRing platform.

Estimated Rewards: This is the current APY you can expect to earn on your stablecoins on OneRing. Your rewards will auto-compound every 3–4 days on average (we cover the gas for the auto-compound!). The 15.36% APY shown here is the return you would receive after the performance fee is deducted. Please keep in mind that the displayed apy is based on the apy achieved during the most recent compounding period.

About OneRing

One Ring is a new DeFi manager for your stablecoins. Deposit any stablecoin, they will find the best farms available and do the rest; forget about all the struggles.

Website | Twitter

About Solana Foundation

Solana Foundation is a non-profit organization dedicated to the decentralization, growth, and security of the Solana network.

Website | Twitter

SOURCE

https://medium.com/oneringfinance/introducing-onering-solana-4b46c6399419

The post Onering Beta on Solana Foundation is LIVE appeared first on Smart Liquidity Research.