Trevee

    What is Trevee (Formerly Rings Protocol)?

    Trevee is a yield-bearing stablecoin and meta-asset protocol built on the Sonic blockchain. It enables users to bridge various stablecoins (USDC, USDT, GHO, DAI, USDS) and Ethereum-based assets (ETH, stETH, weETH) to Sonic, where they can stake these assets to mint yield-bearing derivatives called scUSD, scETH, and scBTC. These “sc” assets automatically generate yield through strategies managed by Veda Labs.

    The protocol serves as a critical liquidity bridge between Ethereum and Sonic, helping to strengthen Sonic’s DeFi ecosystem. By creating these yield-bearing derivatives, Trevee provides passive income opportunities while simultaneously directing liquidity into various Sonic DeFi applications. The protocol has gained credibility through integrations with established platforms like Aave, which onboarded Trevee collateral just four months after Sonic’s genesis.

    Trevee (Formerly Rings Protocol) Airdrop Details

    Trevee ran a points program that lasted for 25 weeks, with each week representing a cycle eligible for 4% of the final total GEM drop. Users earned Rings Points by depositing assets, minting scUSD, scETH, or scBTC, and participating in various activities within the Sonic ecosystem.

    Latest Update: Trevee has initiated the claim process for their Season 1 $S token airdrop. The August segment of Trevee’s SonicLabs Gems airdrop is now available.

    Latest Update: Trevee (Formerly Rings Protocol) Season 1 Airdrop Claim Now Live

    How to Claim

    1. Visit the official claim portal
    2. Connect your eligible wallet
    3. Verify your allocation amount
    4. Claim your immediate 50% allocation
    5. Return monthly to claim additional vested tokens

    Distribution Structure

    The airdrop follows a structured release schedule:

    1. Immediate Release: 50% of your Gems allocation available for immediate claim
    2. Vesting Period: Remaining 50% vests over three months
    3. Monthly Claims: Vested tokens can be claimed monthly during the vesting period

    Season 2 Information

    Trevee Points Season 2 is already active, offering an estimated 19% APR for staked scUSD based on Season 1 data. This presents continued earning opportunities for participants in the Trevee ecosystem.

    Important Reminder: Ensure you claim your tokens before the January 19, 2026 deadline to avoid losing your allocation.

    How to Participate in the Trevee (Formerly Rings Protocol) Season 2 Airdrop

    1. Set up a compatible wallet (MetaMask or other EVM-compatible wallets)
    2. Visit the Rings Protocol website and connect your wallet
    3. 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)
    4. Bridge your assets to Sonic using Rhino.fi if you’re starting from Ethereum
    5. Mint scAssets by depositing your tokens:
      • Deposit stablecoins to receive scUSD
      • Deposit ETH or LSTs to receive scETH
      • Deposit Bitcoin tokens to receive scBTC
    6. Stake your scAssets through the “Stake” section to earn yield and maximize points
    7. Consider locking your staked assets for higher multipliers (up to 3x)
    8. Provide liquidity in pools with your scAssets for an additional 1.5x multiplier
    9. Get your referral link from the Points page and share with friends to earn a 5% Rings bonus
    10. Monitor your points accumulation and follow Trevee on social media for updates

    You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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    Estimated Value

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    Tokens per Claim

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    Max. Participants

    Unlimited

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