I am with you. I am well aware of being gameified yet it worked for a while for me as well. But after having been sick for a few days I lost my streak. Apple tolerates no sick days (don't take this out of context).
Also, not getting in enough stand hours because I have to put the watch on the charger during the day (the non-replaceable battery of the watch is on its way out) was another reason to stop chasing rings.
I still use the watch to track my activity and my sleep but I gave up chasing badges.
Some actual visual examples would've been nice, too. There is just text that describes what it would look like but, as we all know, one picture is worth a thousand words.