Rings Protocol Airdrop Details
Rings Protocol is currently running a points program that will lead to an airdrop of $S tokens (Sonic‘s native token). The campaign will last for 25 weeks, with each week representing a cycle eligible for 4% of the final total GEM drop. Users earn Rings Points by depositing assets, minting scUSD, scETH, or scBTC, and participating in various activities within the Sonic ecosystem.
How to Participate in the Rings Protocol Airdrop
Set up a compatible wallet (MetaMask or other EVM-compatible wallets)
Visit the Rings Protocol website and connect your wallet
Acquire the necessary assets to deposit:
From Sonic: USDC, WETH, LBTC, or WBTC (you’ll need some S tokens for gas fees, which you can get from Binance)
From Ethereum: Stablecoins (USDC, USDT, GHO, DAI, USDS), ETH, or Liquid Staking Tokens (LSTs)
Bridge your assets to Sonic using Rhino.fi if you’re starting from Ethereum
Mint scAssets by depositing your tokens:
Deposit stablecoins to receive scUSD
Deposit ETH or LSTs to receive scETH
Deposit Bitcoin tokens to receive scBTC
Stake your scAssets through the “Stake” section to earn yield and maximize points
Consider locking your staked assets for higher multipliers (up to 3x)
Provide liquidity in pools with your scAssets for an additional 1.5x multiplier
Get your referral link from the Points page and share with friends to earn a 5% Rings bonus
Monitor your points accumulation and follow Rings Protocol on social media for updates
https://app.rings.money/#/poin....ts?referrer=0x6827e5