The forest ring is a high-level, magical finger-slot item. It rarely drops from satyr elders. Based on its value and rarity the forest ring is not very impressive, granting 5 defense. However, when worn in a heavily wooded area or on the same hand as a forest dagger, the forest ring picks up a subtle gleam and its defense rises to 8.
Lysis buys forest rings for 226 gold and sells them for 1500, but some players buy and sell them for 10k or less.