Frog's Eye Ring: Obtaining this ring reminded you of you youth, back when you still did biology in school.
Stat Bonus: +75 HP, +75 MP, +8 WIS, -5 VIT
Fame Bonus: 4%
Swamp Spirit at a rate of 0.005 (0.5% or 1/200)
This ring is rather rare, considering it drops from the Swamp Spirit, an enemy currently only accessible from Jeebs' Arena. That being said, this ring is very similar to the likes of the Gauntlet of Chaos, as its stat bonuses only really pertain to MP usage. It does give a +75 bonus to HP, but it in turn removes 5 VIT.
It could be useful, but both the aforementioned Gauntlet of Chaos and the Ring of Ashen Matrimony provide similar boosts to magic-based stats without the loss of survivability the Frog's Eye Ring gives (Although the Gauntlet of Chaos does reduce dexterity).
It seems to be sort of a toss-up, but this ring could still be useful. Due to its rarity, however, it's very unlikely a player would pick the Frog's Eye Ring over the Gauntlet of Chaos or the Ring of Ashen Matrimony.
This item is part of a set: The Toad Warrior