i think if the load leg goes over a branch, then B'Fly around main leg leaving a retrieval handle with other end of B'Fly is about same as ring in same position as B'Fly?
.
The most loaded deformity is the bend around branch support, actually then buffering load to the B'Fly or ring position; but as far as real degrading efficiency; the ring made shears across the Standing Part/most loaded part/load leg. (As Evo)
.
Tree folk do dive into a 2is1, 1isNone world on 1 overhead support tho, for there are many more obstacles to multi line paths thru trees, especially when needing to move around. But, tree climb is more meant to be a positioning than catching system, and has lanyard to side D's as 2nd rope system, angled from overhead support line; allows sit in nice V pocket for positioning squarely to target. And tree itself; at many points easier scaffolding than in mountain/rescue. Tree folk totally different kind of crazy tho, have 1/2" synthetic ropes; that then run 68mph chain of 600 teeth per second w/900 degree muffler next to and in between ropes confidently, to then cut and swing weight right next to ropes, saw, self etc. Different game, different sharp edges(chain) that we carry with us, amongst the round limbs surrounding. Different kind of what normal earth walkers would call stupid.

(These are on the ground risks, multiplied in air)
.
SRT entrance to tree newer evolution, but not necessarily mainstay of whole tour.
.
Tree folk will ask about strength of line/setup/knot even if all strengths many times self, for might use about same or less rig on next cut that weighs many more times than self and know will receive impact multiplier that must account for in elasticity or slip reliefs etc. whole system then taking rest of brunt of loading. So a constant topic in brain, that you then seat yourself into. It is a good habit to inspect and wonder, a mental exercise whose built strengths and observations can overflow to other areas. Your own life, hanging in own contraption, seems good time to really get in touch with what is going on, that affects all else we do in that climb and the next.