The first step is to import the bunny from the premade assets in XCS2.0. After importing, we will ungroup the bunny and delete the interior like the eyes and the mouth.

Now, it's time to use the new edit node future in XCS2.0. This will allow us to delete the bottom portion of the bunny so that we can use the ears for our napkin ring. Follow the above GIF.

Now, it's time to add the ring hole. I'm using a hole that is about 2 inches. This works well for thick napkins, but if you are using smaller napkins, I would recommend scaling it down. Import two circles, one for the exterior and one for the interior, where the napkin will go. Now move the inter ring, then combine the exterior ring and the ears.

Ok, so this step is a little more complicated to show as my video was too big to show, but go back to the edit node function of XCS2.0 and, remove the inter parts of the  ears, and make the bottom corners of the ears a little smoother by removing the unnecessary nodes. After fixing the ears, you can put the inner circle back, and set it to cut. 

Now, it's time to add your text. You can put a name or a saying. For this one, I put, "Happy easter". Now ensure that the outside, and inner circle are set to cut and that letters are set to engrave. Now it's time to cut; make sure that you have your laser-safe glasses on and begin cutting. It should only take about 4 minutes on the S1 40-watt.

You’re done; if your napkin ring is too big, I would recommend scaling it down just a bit to find the perfect size.