It’s official, the Oryen presale is the hottest in town right now, boasting a 100% increase above the initial listing price. Experts are forecasting Oryen to be one of the top 100 near COMP and UNI, making it a must-have for anyone looking to get in on the action.
What Is So Unique About Oryen?
Oryen Network is a leading yield-optimizing BSC-based platform. The protocol offers a one-of-a-kind Oryen Autostaking Technic (OAT) that gives holders a fixed annual interest rate of 90%. Their automatic compounding mechanism multiplies the holders’ returns straight in their wallets. Consequently, this approach prevents holders from paying an extra tax levy on staked operations.
Oryen Network’s native token, $ORY, is equipped with a positive rebase formula that offers investors a steady source of passive income and utility (Oryen Lottery, Oryen E-NFTs, etc.).
After gaining recognition from Business2Community and passing a rigorous audit from the blockchain security firm SolidProof, the digital currency Oryen has seen a 100% price increase.
The audit, which lasted for several weeks and looked at Oryen’s code, protocol, and network, found the platform is “robust and secure.” The firm also praised the team behind Oryen, saying they are “committed to building a safe and scalable platform.”
The audit from SolidProof is a stamp of approval for Oryen that will no doubt lure in more investors and help the currency grow.
What Is COMP?
Compound (COMP) is a cryptocurrency lending and borrowing platform that runs lending pools to earn interest. Pools enable token holders to lend their tokens to others at interest rates that are algorithmically determined based on supply and demand.
Compound coin (COMP) is the governance token for the Compound protocol, empowering users to propose, discuss, and vote on all protocol updates. COMP was founded in 2017, and with its user-friendliness and affordable costs, it has secured the spot among the top 100 cryptos.
Is UNI A Good Investment?
The Uniswap exchange functions as an automated market maker. This is a form of decentralized exchange that allows you to trade different token pairings. Smart contracts execute deals, while mathematical algorithms establish prices.
Each Uniswap liquidity pool includes funding for a pair of cryptocurrencies. When users make trades, it pulls from liquidity pools. To ensure that its liquidity pools have sufficient funds, Uniswap compensates users who lend their cryptocurrency.
UNI, the native token of Uniswaps, is a governance token that grants holders the ability to vote on new platform improvements and modifications.
Over the years, UNI fast-forwarded among the top 100 DeFi projects and is considered a solid investment choice.
The Bottom Line
With rising inflation, unpredicted market conditions, and large-cap cryptos reaching their bottoms, ORY is a much-needed solution with its fixed 90% annual interest rate. And as its recent presale performance indicates, ORY shapes into a leading project that will shake the market as soon as it hits the exchange.
Find Out More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Source: https://www.thecoinrepublic.com/2022/11/01/100-price-increase-makes-oryen-hottest-presale-right-now-experts-forecast-listing-in-top-100-near-comp-and-uni/