Ring Protocol: Ring tokens and their airdrop application are now live
ChainCatcher news, the decentralized trading platform Ring Protocol in the Blast ecosystem announced on social media that the Ring token has officially launched, and users can go to the platform to claim their corresponding airdrop rewards.
Ring Protocol currently has over $500 million in TVL. Its platform RingDex supports connections and trading with multiple wallets, including OKX Wallet, Trust Wallet, Bitget Wallet, and Coin98 Wallet.
The token model of Ring is centered around user rewards, where users who contribute to the platform will receive benefits. Specific incentive measures include mining through trading and mining through staking, and these incentive mechanisms will continue long-term. In addition, Ring will continuously incentivize users through airdrops and other methods, aiming to ensure the long-term value of the token, build a vibrant community by promoting the token economy, and create a mutually beneficial ecosystem.