SPONSORED POST*
The price of cryptocurrencies has been fluctuating like a Ferris wheel, with some coins reaching record levels and others experiencing new lows. But Oryen Network (ORY) has held its value very well.
Since the initial coin offering (ICO), ORY has climbed significantly, reaching a peak of 200% gain during the past month. Meanwhile, Fantom (FTM), formerly thought to be steady, is undergoing erratic price swings.
Fantom has become a blockchain technology focusing on scalability and performance for distributed apps and DeFi services. Fantom completes transactions quickly thanks to Lachesis, a unique consensus technique that does not depend on an exchange of completed blocks.
Fantom has recently slowed down and is now well below all-time highs. However, some contend that FTM is already a strong project and that the price declines are just the result of more significant problems with the crypto market. As long as it continues to have several solid fundamentals and a number of intriguing developments in its industry, FTM might soar far higher when a bull market resumes.
A brand-new reserve currency built on Binance Smart Chain is called Oryen, already being covered by YouTubers. The project’s creators are building off of the knowledge gained from previous errors of other teams in the decentralized finance (DeFi) industry. However, a variety of features and functions offered by Oryen might turn its ORY token into one of the most sought-after cryptocurrencies on the market.
In essence, a fascinating protocol has been built by Oryen engineers with secure instruments to preserve returns and ensure the security of all user assets. The Oryen Autostaking Technic, often known as OAT, provides quick and automated staking. As a result, those purchasing ORY do not need to move assets around because the staking takes place right within their wallets.
Other DeFi methods provide a high APY of up to 90% daily. OAT exceeds the industry average by paying $ORY holders a fixed interest rate of 0.177% each day, or 90% yearly compounded.
The Oryen initiative also promises to ensure wealth accumulation. It uses the Risk-Free Value (RFV) wallet, a component of the Oryen protocol that maintains the ORY floor price stability. Additionally, the Oryen Treasury, which offers RFV backup support, is deployed as part of the project. In addition, the Treasury supports innovative initiatives that improve the Oryen ecosystem and raise the price of ORY.
Last Words
Whether FTM recovers from its present slump, Oryen still has a bright future, reaching the top DeFi list for crypto projects.
A significant coin project that needs to be carefully monitored is called Oryen (ORY). With an APY of up to 90%, Oryen can significantly increase your invested cash’s profitability.
Oryen stands apart from other cryptocurrencies due to its various features. In addition to the price increases obtained during the presale, it provides stability and long-term returns.
For More Information:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
Source: https://en.cryptonomist.ch/2022/11/26/fantom-developers-could-learn-oryen-network/