It’s no secret that the crypto industry is rapidly expanding. Despite the ongoing bear market that has lasted for a major part of the year, there has been an increase in the number of people interested in investing in promising crypto projects.
The reason for this is not far-fetched; cryptocurrencies offer a once-in-a-lifetime opportunity to be a part of something that has the potential to change the world.
Oryen is a decentralized staking platform whose native token ($ORY)’s price has increased 140% since its ICO (i.e., initial coin offering). It is built on blockchain technology and features a one-of-a-kind algorithm that allows users to earn rewards by staking their tokens on the ORY network. Hence, it is gaining traction and has been dubbed the most innovative cryptocurrency of 2022.
Oryen: Providing Profitable Investment Opportunities
Oryen is a new BSC project that competes directly with existing crypto initiatives. Compared to Curve and Fantom, Oryen’s 90% APY makes it the most profitable investment option.
Oryen introduces a novel staking method by streamlining the staking and payment procedures for its users. Oryen Auto Stacking Technology (OAT), its proprietary stacking method, is the key to its success. This method automatically stakes and compounds its investors’ earnings, which they receive in cash. No prior knowledge is required because this is not a factor in Oryen staking.
Steven Clarke and The Defi Guys, experts on the cryptocurrency market, stated that investing in Oryen during its ICO was a good idea.
What Makes Oryzen Unique?
Unrealistic interest rates are not uncommon in the crypto market. However, this industry is still in its early stages and will likely encounter flaws and challenges. Taking previous mistakes in the DeFi space into account, Oryen developers created an auto-staking feature that gets value from the community.
$ORY, unlike other rebase tokens, uses a positive rebase formula.
This ensures that the supply of tokens constantly increases, eliminating the need to stake tokens in any wallet or move assets to any website.
Every investor in the OAT system is entitled to a daily fixed interest rate of 0.177%, which auto-compounds to 90% in a year. The protocol imposes taxes on each transaction to fund new products and services and support high-yielding APYs. The Oryen ecosystem’s overall growth and sustainability depend on the Treasury, which grows in strength over time.
To protect the floor price and also protect $ORY from extreme market conditions, Oryen has a separate RFV (risk-free value) wallet. It also imposes a significant anti-whale tax to prevent anyone from placing large sell orders.
With several media outlets covering Oryen’s launch, pre-sale demand for ORY tokens is increasing. At $0.05, it provides an excellent entry point for investors who recognize the potential of this innovative concept.
Disclaimer: This article is intended solely for informational purposes only and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence.
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