Passive Income Wonder Oryen already 2X during Presale – Can it keep the Momentum and compete with Uniswap or Fantom?

Since the early days of Bitcoin, investors have been drawn to cryptocurrencies for the potential to generate passive income. Years passed, crypto projects advanced, and investors can now stake their assets and gain rewards besides holding and benefiting from price changes. 

However, while staking is a popular method requiring locking up and holding on to the assets in specialized staking pools, it’s pretty confusing for novice traders. Therefore, Oryen, a yet-to-be-launched auto-staking platform, revolutionized traditional approaches and replaced them with an automated method with higher guaranteed returns.

The excitement around Oryen Network increases daily, with prices rising every week. So far, $ORY has doubled in value only in the first weeks of the presale. Can Oryen maintain its pace and compete with Uniswap and Fantom?

What Is Oryen Network?

Oryen Network is the newest and first long-term sustainable, auto-compounding, and auto-staking protocol developed on the Binance Smart Chain. 

Oryen AutoStaking Technic (OAT) utilizes smart contracts and automatically compounds payouts hourly for holders. Rewards are fixed, with an APY of up to 90%. 

The token’s supply will be elastic, and the new positive rebase formula will keep it steady and expand with passive revenue. The token can be stored in a decentralized wallet, such as MetaMask or TrustWallet, eliminating the need to lock it up in specific pools. 

Oryen also establishes an innovative RFV wallet system, supported by buy-and-sell taxes, that maintains the value of $ORY and ensures the constant distribution of rewards to its holders. 

Oryen’s latest audit report has fueled even greater enthusiasm for the project. SolidProof, an industry leader in blockchain security, has validated the Oryen Network’s code and confirmed its operations. 

ICO performance Of Oryen 

The buzz around Oryen’s ICO sale is enormous. This project’s dynamic presale strategy is innovative since prices increase weekly while bonuses decrease. Currently, $ORY may be purchased for $0.1 and grants 10% bonuses to investors. The second Oryen presale will run based on the following schedule: 

Presale 2.1 (02,Nov — 09,Nov) $0.1 – 10% 

Presale 2.2 (09,Nov — 16,Nov) $0.11 – 9% 

Presale 2.3 (16,Nov — 23rd,Nov) $0.12 – 8% 

Presale 2.4 (23,Nov — 02, Dec) $0.125 – 7% 

This intense and powerful presale model has increased investor engagement and passion, making each day an opportunity to get the gem at the best possible terms.

How Does Uniswap Work?

Uniswap is now one of the largest decentralized exchanges. It is an automated system for liquidity that enables the production and trading of ERC-20 tokens on Ethereum. 

Uniswap is comparable to a middleman that eliminates unnecessary things to facilitate swift and efficient transactions. In addition, it is open-source software licensed under the GPL. 

When new ETH/ERC20 tokens are added to a Uniswap liquidity pool, the donor gets an ERC20 token, the so-called “pool token,” as a reward.

What’s Fantom?

Like many other crypto platforms, Fantom promotes itself as a decentralized, permissionless, smart contract platform. This means that Fantom and its cryptocurrency reside on a programmable blockchain that supports various DeFi assets. 

The distinction, however, resides in Fantom’s design and consensus process, which, according to its proponents, are poised to overcome the crypto “trilemma” of scalability, security, and decentralization. 

The Fantom mainnet, Opera, was established in December 2019, making it a relatively new blockchain. Opera is an open-source framework that allows anybody to engage in staking and network governance.

The Bottom Line

Uniswap and Fantom have been the market’s powerful members for a long. And if Oryen can maintain its current trajectory, there’s no reason it couldn’t achieve the same level of success.

Find Out More Here:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

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Source: https://www.thecoinrepublic.com/2022/11/07/passive-income-wonder-oryen-already-2x-during-presale-can-it-keep-the-momentum-and-compete-with-uniswap-or-fantom/