Oryen Network (ORY) dApp Shows Strong Development Vs DeFi On Avalanche (AVAX). Presale Is Live

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Today, Ethereum dominates the decentralized application sector. However, various platforms have emerged as possible competitors. One such platform is Avalanche, with a native token called AVAX. It aims to be the leading platform for dApps. However, Avalanche’s DeFi future could be in real jeopardy thanks to a novel project. That project is the Oryen Network DApp, whose native token is ORY.

What is the Oryen Network?

The Oryen Network is a dApp project that will revolutionize the DeFi sector. At the heart of this project is the Oryen Autostaking Technic (OAT). A new protocol makes it easy for anyone to stake and earn a high fixed APY. OAT brings about the concept of automatic staking to people in the crypto world. Holders of the ORY tokens can earn a fixed APY of 90% and a daily ROI of 0.177%.

Developers of the Oryen Network aim to make it as easy as possible to stake. Their goal is to bring real-world benefits to users of the ecosystem. One of the benefits that Oryen Network ecosystem participants get is easy and safe staking. All holders of ORY tokens will earn rewards directly to their ORY wallet simply by holding onto the tokens. The minute they purchase their tokens, they are inducted into the staking program.

Another huge benefit for participants in the Oryen Network ecosystem is the fast rebase rewards. While most of the leading staking protocols pay rebasing rewards every 8 hours, Oryen Network developers have reduced it to just one hour. It ensures that stakers can earn rebasing rewards 24 times a day.

Price Stability of ORY Tokens

The success of any project lies in being able to stabilize prices. Oryen Network developers rely on complex factors and mechanisms to ensure price stability. They use game theory to predict the likely outcome of human actions based on known behavior patterns.

One of the crucial components to ensure price stability is the Treasury. It plays numerous roles within the Oryen Network ecosystem. One of them is supporting the RFV, another critical ecosystem component. The support is especially important in case of a sudden price drop of the $ORY tokens. Additionally, it ensures that the tokens have a floor value. The Treasury is also used to fund various projects and services being developed to expand the Oryen Network ecosystem.

RFV is short for Risk-Free Value. It runs on a separate wallet from the Treasury wallet. It plays a critical role in the OAT protocol regarding price stability. RFV is used to stabilize the liquidity pool. It is especially useful during a sharp sell-off, which could drain the liquidity pool. Since liquidity is needed to trade ORY tokens, RFV ensures that the OAT protocol can continue functioning.

Summary

The ORY tokens are currently in the presale phase. Now is the best time to do it for those looking for an incredible opportunity to join an ecosystem that will trounce the Avalanche DeFi ecosystem. By the time its platform goes live, the expected returns from buying ORY will be incredible.

For More Information:

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

Website: https://oryennetwork.io/

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Source: https://insidebitcoins.com/news/oryen-network-ory-dapp-shows-strong-development-vs-defi-on-avalanche-avax-presale-is-live