Oryen successfully achieved a price surge of 120% for its native token ORY as early investors bag their gains. The new project is currently in its fourth presale phase, and it is setting itself apart from other crypto projects like Dogecoin and BNB. The holders of these cryptos are actively aware of the massive stats that Oryen amassed and are diversifying their portfolio by seeking the ORY tokens.
Oryen: An Autostaking Platform
Oryen is an auto-staking platform that employs a financial protocol to generate value and benefits for its native token (ORY) holders. OAT (Oryen Autostaking Technic) is a unique protocol that plays a major role with a set of other features to provide a sustainable, transparent, and highest fixed APY paying platform for its network of holders.
OAT is responsible for the automation of staking that occurs when an investor simply buys ORY tokens and holds them in their wallet; they automatically earn the highest fixed APY (up to 90%) on their holdings, which tops industry standards.
Another unique feature that works hand-in-hand with the OAT protocol is the Anti-Whale Tax which is vital to maintain a guaranteed high yield. This tax helps to keep a safe floor value for ORY by preventing large whale-selling activities to providing every user with a fair chance at earning high dividends without causing issues to the price. Ultimately, these taxes encourage holding ORY tokens to earn rather than trading the token.
The returns from these taxes are used to provide liquidity reserves such as Oryen’s Treasury and its Risk-Free-Value (RFV). They are a beneficial “DeFi liquidity pool” in times of sharp sell-offs or price decline. These features highlight the uniqueness of Oryen, and the big-time crypto investor Jim crypto expresses his satisfaction with the project in his video review.
As Oryen moves onward with its ongoing presale, many investors of DOGE and BNB are well aware of the high potential the project offers and are actively looking to acquire the ORY tokens.
Dogecoin (DOGE)
Dogecoin is a cryptocurrency that was developed as a payment system back in 2013. It was referred to as the first meme-coin because of its logo, which referred to the “doge meme” that was quite popular at the time. DOGE is built on an open-source protocol, and it facilitates peer-to-peer transactions.
BNB
BNB is a native currency of the Binance Exchange platform and was created in 2017. BNB was previously based on the Ethereum blockchain and listed as an ERC-20 token, but now functions on the Binances’ very own blockchain called Binance Smart Chain.
Conclusion
Oryen ecosystem is built with the end-user in mind by offering a means to participate in making decisions that enable how you create wealth and the overall betterment of the platform moving forward. Analysts are dubbing Oryens features as the necessary tool for shaping the next phase of DeFi.
Find out more here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io
Source: https://www.cryptonewsz.com/oryen-price-surge-gets-dogecoin-and-bnb-investors-to-ory/