clickable anywhere on the Leash Ring (even if your cursor doesn't turn to the hand symbol when you hover over the Leash Ring).
settings menu - just click the Leash Ring and hold (or say “/1r*”). This allows you to hide the Leash Ring
hide the Leash Ring (in settings menu). Everything disappears, leaving a small transparent “ring” to which the chain attaches.
allows you to wear your favorite Leash Holder over the Leash Ring (choose “add” in inventory to wear multiple objects on one attachment point).
you can also drop it inworld and move it to the door knob or any other object you wish, whilst hidden.
say “/1r” - has the same effect as clicking the Leash Ring, giving you smart options depending on whether pet is here or not.
say “/1r*” - calls the settings menu (the symbol after “r” is an asterix or “star”).