The cryptocurrency market is a new and exciting space still in its early stages of development. One of the critical factors that will determine the success of this new asset class is the ability of investors to quickly and securely stake their tokens to earn rewards.
Oryen Network, a new-age DeFi platform, is making staking easy and profitable for its token holders. The blockchain hails from the Binance ecosystem and is designed to be an easy-to-use platform that gives out competitive yields in the crypto industry. Its ongoing presale has rewarded its investors with 200% ROI in just a few weeks.
Understanding the Oryen Network and its benefits
Oryen Network has already released its ICO and has gained momentum among traders and investors. The staking platform offers a passive income opportunity to its users and gives out an annual yield of 90% or a daily yield of 0.177%. This is possible because of its popular Oryen Autostaking Protocol, which helps to simplify the process of staking and generating rewards.
The protocol also offers a secure decentralized wallet where users can receive their incentives directly. In addition, Oryen has revolutionized the speed at which the rebase rewards are distributed. For most DeFi platforms, rebase rewards are distributed within 8 hours, but for Oryen, the same is done every 60 minutes. This is quite a significant advantage for the platform as it can offer faster returns to its investors.
While the crypto industry seems to be in turmoil, Oryen Network has been gaining traction and shows excellent potential to be at the forefront of the crypto world. It has attracted significant interest from crypto whales like Darryl Boo and Steven Clarke, who have provided valuable insight into the platform. If you want to invest in Oryen, you can do it now because as time passes, the price of ORY increases, and its attractive presale bonus decreases.
| Presale Session | Date | ORY Price | Purchase Bonus |
| Presale 2 | 02 Nov — 09 Nov | $0.1 | 10% |
| Presale 3 | 09 Nov — 16 Nov | $0.11 | 9% |
| Presale 4 | 16 Nov — 23 Nov | $0.12 | 8% |
| Presale 5 | 23 Nov — 02 Dec | $0.15 | 7% |
| Presale 6 | 02 Nov — 09 Dec | $0.175 | 5% |
| Presale 7 | 09 Nov — 16 Dec | $0.21 | 5% |
| Presale 8 | 16 Nov — 23 Dec | $0.25 | 5% |
| Presale 9 | 23 Nov — 27 Dec | $0.3 | 0% |
What is Uniswap?
Uniswap is a decentralized exchange that enables ERC-20 tokens to be swapped and traded through a liquidity pool. It was built upon the Ethereum blockchain to provide an intuitive and efficient exchange for tokens and the ability to trade without having to rely on a central entity. Uniswap aims to be a major player in the DeFi sector, and its native token, UNI, is used as a governance token for the project. Although it doesn’t give out a competitive APY as Oryen does, the platform recently incentivized all its users who had ever used the platform with 400 UNI tokens.
Can SHIB compete with Oryen or Uniswap?
Shiba Inu is a cryptocurrency created as a parody of the popular cryptocurrency Dogecoin. It is a decentralized, peer-to-peer digital currency that enables users to send and receive payments with low transaction fees. The cryptocurrency is built on the Ethereum blockchain, and the project has its own decentralized trading platform called ShibaSwap. Being a meme coin, the price of the SHIB token is highly volatile, and the project is currently working to establish its authority by introducing new projects – like an NFT marketplace.
What is Tamadoge?
Tamadoge is one of the newest meme coins to emerge in the crypto industry, and it is the first meme coin to have its metaverse and an NFT store. The platform has already raised $15 million in presale, and users can buy and sell Tamadoge pets on its network. These pets can be purchased with their native token, TAMA, and users can earn the token by completing tasks and activities on the platform. In addition, when users buy something from the store, 30% of the total fees will be dedicated to improving the platform. Although it can hardly compete with ORY or UNI, analysts predict that the project has strong potential in the coming years.
Bottom Line
The success of Oryen Network proves that there is a demand for easy-to-use staking platforms that offer competitive rewards. As the cryptocurrency market matures, we expect to see more platforms like Oryen that make it easy for investors to earn rewards on their tokens in the form of capital and passive gains.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Source: https://www.thecoinrepublic.com/2022/11/28/oryen-network-stuns-early-investors-with-200-profits-the-staking-platform-aims-at-uniswap-shiba-inu-and-tamadoge-holders/