  In this work, we study the non-equilibrium dynamics of {\Phi}-spinning black
rings within the quasilocal formalism. We adopt the counterterm method and
compute the renormalized boundary stress-energy tensor. By considering the
conservation of this tensor, the condition for removing the conical singularity
at spatial infinity is derived. It is subsequently shown that a {\Phi}-spinning
black ring cannot be kept in a state of equilibrium, which is consistent with
the physical interpretation that the angular momentum is on the plane
orthogonal to the ring and there is no force to balance the tension and
gravitational self-attraction. The results of these computations lay a
foundation for studying the thermodynamics of {\Phi}-spinning rings in detail.
Finally, we charge up the rings in Einstein-Maxwell-dilaton system and suggest
feasible ways to make them balanced.
