Not sure if anybody talked about it, yet, but I decided to kill the scorpion man after doing his little quest line to aid in the assassination of his beloved, and he dropped 'First Dragon Ring' which does what Favor & Protection ring did in Dark Souls...
It's still not as good, the upgrades are minor (but very helpful for agility boost), but I wonder... Does anybody know more about the ring and wether or not their are +1 or +2 versions around. Could be very useful, and it doesn't break when removed. --- PSN: Grimm-808
I believe there are 3 or 4 dragon rings all different. They all do the same thing, but they're different rings so you can have them all equipped if you want. I have only have the Third Dragon Ring. I'm not sure where the second one is.