The emergence of decentralized finance has sparked several innovations, including decentralized applications, decentralized autonomous organizations (DAO), and various cryptocurrency currencies or tokens that are integrated into the networks of those organizations.
DeFi projects differ from traditional central banks in that no one can control the supply of a cryptocurrency asset that belongs to a specific DAO because the associated rules are encoded in computer programs called “smart contracts.” Once these initiatives are deployed, nobody can tamper with them. Only the solution and value it carries are reflected in these projects’ pricing.
Oryen (ORY)
Oryen Network is acquiring a powerful presence in the market. The platform is prepared to use the new proprietary financial protocol known as Oryen Autostaking Technic, or OAT, to make the DeFi function of staking a simple and lucrative adventure with a laser focus on transforming the DeFi market.
The OAT also offers the best steady returns in cryptocurrency to holders of ORY tokens, the network’s native asset. It provides them with a yearly yield of 90% and is steady because the value has been fixed. In addition, the automated staking and compounding capabilities of the Oryen token are facilitated by OAT.
OAT is a tool that will be used as the foundation for a variety of future Oryen goods, services, and initiatives, each of which aims to alter a different aspect of cryptocurrency. This is because innovation necessitates reinvention.
The token’s price has increased by 200% due to these solutions and values, which is advantageous for all token holders. However, another 250% is set to happen before the launch price of a confirmed $0.35. Therefore, Steven Clarke believes buying ASAP is the way forward.
Avalanche
Avalanche is a blockchain that supports decentralized applications by utilizing smart contracts. The native token of the network, AVAX, is used to protect the chain as well as pay fees for transaction processing operations carried out on it.
To participate in the staking pool, investors must own more than 2,000 AVAX tokens.
Due to this, the price of the token has dropped significantly from its all-time high, reaching a two-year low. This is not good news for the coin’s owners.
Fantom
Fantom is a framework built on a directed acyclic graph (DAG) to enhance smart contracts for DApps. It was developed to address the drawbacks of the prolonged transaction times in earlier blockchain systems like Ethereum and Bitcoin.
Its native token, the FTM, is utilized for system governance, rewarding holders, and those who participate in staking operations.
However, the recent dramatic drop in the price of FTM may prompt investors to start looking for substitutes.
Summary
Oryen Network is a good match to develop into a fresh option for all investors seeking long-term financial success. It is still in the ICO stage, noted on the list of Best Presales, which is a wonderful opportunity to invest in and join.
For More Information:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Source: https://www.thecoinrepublic.com/2022/12/01/oryen-network-finds-footing-already-with-200-fantom-and-avalanche-at-two-year-lows/