Crypto projects live and die by their use cases. The bear market has made investing far more straightforward; in a risk-off environment, only protocols delivering value appreciate.
Oryen, a new DeFi protocol, has posted 100% gains in its presale and outclasses Big Eyes, Moshnake, and PolkaDot.
Oryen Network
Oryen Network delivers much-needed simplicity to passive income. The protocol provides a low-touch solution to wealth creation and, as a result, has absorbed vast amounts of liquidity. Oryen’s Hold-To-Earn strategy has revolutionized DeFi, and the protocol pays out a fixed 90% APY to all investors: the highest stable returns in crypto.
The Oryen Autostaking Technic (OAT) technology is the economic engine for this spectacular protocol. It combines psychology, game, theory, and complex mathematics into a web of smart contracts that do the heavy lifting for investors. As the name suggests, smart contracts auto-stake meaning the earning process takes place directly inside the investor’s wallet. And with hourly positive rebases, the earning process begins immediately.
The OAT also auto-compounds investors’ yields to maximize growth, and compound interest powers the amazing APY. Business2Community listed Oryen as one of 2022’s best DeFi coins, and 2022 promises to be an explosive year for ORY holders.
Big Eyes
Big Eyes is another meme coin mixed with NFT technology. The protocol has raised an impressive nine million dollars, but with depressed NFT trading volume, the chances of it making significant revenue from NFT sales remain low.
Meme coins saturate the crypto space, and Big Eyes looks to be another token that will make developers rich at the expense of investors. Its charity angle seems to be a PR stunt, and its whitepaper provides little concrete utility.
Moshnake
Moshnake is a play-to-earn game utilizing the same mechanics of the classic game Snake. Set to launch on the Binance Smart Chain, this token appears to have little substance and primarily capitalizes on nostalgic sentiment towards Snake.
Moshnake will suffer similar problems to Big Eyes regarding its reliance on NFTs. NFT trading volume has dropped by 80% in the bear market, and few investors want to buy NFTs in the current market climate. A look at Moshnake’s website also informs investors that developers have yet to create the game.
PolkaDot
PolkaDot is a layer-zero blockchain protocol that aims to bring interoperability to the blockchain space. Many active within crypto believe that interoperability will be of defining importance in the next bull run, so PolkaDot should be well positioned.
But unfortunately for DOT holders, the launch of projects like Cosmos and Quant has devoured its market share. These newer and technologically superior projects have destroyed PolkaDot’s use case, resulting in depressed demand for DOT.
Closing Thoughts
Investors want utility and profit-sharing. Oryen, as a reserve currency and a wealth creation tool, offers both. The protocol employs a dynamic pricing structure in its presale, and each week the token bonus at launch decreases, meaning the earlier investors act, the more profits they secure.
Find Out More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Source: https://coinpedia.org/press-release/after-making-100-gains-in-its-presale-why-oryen-is-better-than-big-eyes-moshnake-and-polkadot/