Those EMP rings might work like loot in hack'n'slash games.
If it does work like that we'd roll for the traits on the ring then roll for the numbers of those traits. As an example: if i roll a ring with ATK up, it would roll between 500 and 3000 to determine how much my character gets from it.
I'd have to see the droprate of those blue chests to determine how awful this really is. I'm also assuming that when you give a character a ring you can't take it back and give it to someone else.