With the aftermath of the bear season leaving many crypto projects struggling to stay afloat, one can only hope to gain some profits via a next-gen crypto project in a rather bleak market. A particular project seems to be doing just fine, as its practicality of utilities has the crypto market offering a sigh of relief. Oryen is the new contender in defi and its native token, ORY will perform better than Avalanche.
Oryen (ORY)
Oryen sets itself on a path to reinvent decentralized finance through its one-of-a-kind Oryen Autostaking Technic or OAT, a multifunctional financial protocol that enables easier staking and the highest stable returns in crypto to the holders of ORY. The OAT protocol enables the ORY token (Oryen’s Native Token), autostaking, and compounding features and assures the highest fixed APY in the crypto market at a rate of 90%.
Oryen’s innovative concepts create unparalleled benefits for ORY holders. The OAT protocol implements amazing and practical use cases via the ORY token. For instance, from the moment investors purchase ORY, automated staking is provided directly to their wallets and such a person is set to receive rebase rewards, thus making the process the easiest auto-staking in DeFi.
The OAT protocol guarantees a fixed APY (Annual Percentage Yield) that tops industry standards. When it comes to APY in crypto which sometimes tends to fluctuate, one can’t tell how many tokens one would receive. Most defi protocols have the tendency to fluctuate by 90% in a day, thus making earning less efficient. Oryen’s OAT pays ORY holders a fixed dividend at a rate of 0.177% daily or with a compounding 90% annually.
Steven Clarke, a big-time crypto investor, urges people to come on board the latest addition to decentralized finance, as he expressed his joy towards the features Oryen provides in his video review.
The OAT protocol also ensures the fastest payment of rebase rewards out of any staking protocol in the crypto space. Most popular staking protocols that pay rebase rewards every 8 hours, makes earning processes less effective as investors might not be able to obtain maximum rewards in the event of an unstake. Oryen Autostaking protocol ensures the payment of rebase rewards every 60 minutes or 24 times every day, thus making it the fastest auto-staking protocol in crypto.
Avalanche (AVAX)
Avalanche is a decentralized smart contract operational platform that runs on proof-of-stake functionality. It is open-source to enable anyone, anywhere, to build anything they want via an eco-friendly platform. The platform also enables the development of DApps (decentralized applications). AVAX is its native token and it helps to process transactions. It is also used for staking purposes to earn yields and it is a store of value for its holders.
Conclusion
Oryen sets the stage to usher potential investors into the next phase of earning passive income that is consistent and easy to attain.
Learn more here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io
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Source: https://www.thecoinrepublic.com/2022/12/20/backed-oryen-networks-ory-presale-live-now-will-fair-better-than-avalanche-avax/