How can I perform a factory reset on an Oura Ring?

To perform a factory reset on an Oura Ring, one must follow these steps: First, ensure the ring is charged. Then open the Oura app and navigate to the Settings tab. Select 'Back Up & Reset' from the menu, then tap on 'Factory Reset.' Confirm the factory reset to initiate the process. The ring will erase its stored data and restore default settings. After completing these steps, it's important to reconnect the ring to the app as if setting it up for the first time.