Cryptocurrencies have the potential to revolutionize how we interact with the digital world, provide a more secure and efficient way of conducting transactions, and uplift the way we store and use data. Some crypto projects show high promise to provide real-world solutions to problems and have a strong team behind them.
One such crypto platform, Oryen Network, is significantly impacting the DeFi landscape by providing an excellent opportunity to generate passive income. The platform allows you to stake your coins and receive rewards. It has already generated an ROI of 200% for its existing investors, which has helped attract more investors to join the project.
SHIB Whales Shifting to ORY
Shiba Inu is a cryptocurrency created with Dogecoin in mind in August 2020. The name “Shiba Inu” comes from the Dogecoin meme and the dog breed. The currency is sometimes referred to as “Dogecoin on steroids” due to its high supply and fast transaction times. Recently, Shiba Inu whales have been shifting to Oryen, a more lucrative project offering better returns. SHIB is just a meme coin, and unless it provides a more sustainable investment strategy, it will not likely hold any real value in the long run.
What is the Oryen Network?
ORY is setting itself apart from other DeFi projects with the help of its OAT mechanism. OAT is the main feature of Oryen Network, where users can automatically stake their tokens and earn a fixed yield of 90% APY. As a result, the project has seen huge growth in the presale and is attracting more investors from MATIC and FTM communities to join its network.
The coin’s initial supply is 40 million tokens, and the platform features an RFV (risk-free value) wallet that provides a DeFi reserve to the ORY token, which gives it stability and ensures that the price does not go into a free-fall.
Oryen is being developed the Binance Smart Chain and designed to solve the inefficiencies that come with crypto-staking. In his video review, Steven Clarke, a Safemoon whale, explained how users can benefit from the OAT protocol and how they can start staking their assets without going through a complicated process. If you want to be a part of Oryen, here is their pre-sale schedule:-
|Presale Session||Date||ORY Price||
|02 Nov — 09 Nov||$0.1||10%|
|09 Nov — 16 Nov||$0.11||9%|
|16 Nov — 23 Nov||$0.12||8%|
|23 Nov — 02 Dec||$0.15||7%|
|Presale 6||02 Nov — 09 Dec||$0.175||
|Presale 7||09 Nov — 16 Dec||$0.21||
|Presale 8||16 Nov — 23 Dec||$0.25||
|Presale 9||23 Nov — 27 Dec||$0.3||
Polygon is a protocol built to solve ETH’s scalability issues. It is a layer-2 blockchain that can build smart contracts and decentralized applications and create NFTs. Its native token, MATIC, is listed on almost all the major exchanges and has around $7.4 billion in circulation. The token is used to secure Polygon’s network and can also be used by users to pay their transaction fees.
Unfortunately, due to the fall of FTX, MATIC’s price is experiencing a significant fall. It was currently trading at around $0.8 instead of its all-time high of $2.88 in December 2021. This has compelled many crypto investors to turn their attention to other DeFi projects that can help them in this bearish market.
What is the Fantom Blockchain?
Fantom is a blockchain platform that aims to be a secure and scalable network for decentralized applications and smart contracts. It is a fully decentralized platform that utilizes a proof-of-stake consensus algorithm to ensure low processing times and fast transactions. FTM, the network’s native token, governs activities on the Fantom network. Although the project has partnered with several government organizations, it is still developing and has not yet given its investors any significant profits.
With its auto-staking feature and its unique RFV wallet, Oryen Network has the potential to become one of the most profitable projects in the crypto market in 2022. It offers many advantages, such as a decentralized staking model, stable dividends, high liquidity, and reduced risks. With the crypto markets in a slump, ORY can be a solid investment option for crypto enthusiasts.
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