Oryen Network shows DeFi interest still alive after large volume of BUSD and USDC come in for presale tokens

Oryen Network may outrun stable coins like BUSD and USDC soon Oryen Network may outrun stable coins like BUSD and USDC soon

As the widespread adoption of cryptocurrency tokens soars, other strong contenders using different technologies are making their way into the crypto ring. One of the most notable crypto projects today is Oryen (ORY).

Oryen’s presale success has shown that there is still lots of DeFi interest, prompting BUSD and USDC users to consider this project. Its current presale 7 phase offers a 320% price increase from the initial $0.05 to stand at $0.21 and continues to rise as ORY gears to its launch price of $0.35.

Oryen (ORY)

Oryen’s rising star culminates from its unique feature that auto-compounds rewards every 60 minutes. Oryen Autostaking Technic (OAT) guarantees passive fixed income, and investors only need to buy, hold, and wait for returns. In addition, Oryen has a fixed annual percentage yield (APY) of 90%.

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The risk-free value (RFV) feature deals with market volatilities, and treasury support ensures liquidity. As more early adopters, including those using USDC and BUSD, reap benefits, exciting discussions stir the Reddit community. Likewise, crypto watchers like Jim Crypto are thrilling YouTube about ORY in their video reviews.

The success and quick adoption of ORY by crypto enthusiasts are attributable to its unique features. Its auto-staking mechanism, Oryen Autostaking Technic (OAT), auto-compounds investor rewards every hour. 

Binance USD (BUSD)

The BUSD stablecoin is a token that aims to provide stability and security to the BUSD ecosystem. A creation of Paxos and Binance, it complies with the standards of NYDFS. BUSD came to bridge traditional finance and DeFi. The stablecoin is pegged 1:1 with the U.S. dollar, which means it will always have the same value. Stablecoins are cryptocurrencies whose values peg on fiat currencies, like the U.S. dollar. BUSD looks for partnerships in prospective tokens, and ORY leads the pack.

USD Coin (USDC)

The USDC stablecoin is a cryptocurrency token that represents the value of a U.S. dollar. It’s a stablecoin, pegged to the dollar with a 1:1 ratio. USDC is open-source, and holders get access to cash deposits and withdrawals worldwide, which suits those who want fast access to their money. The price of USDC can fluctuate with the market, but USD reserves always back them. USDC is compatible with Ethereum and other blockchains. 

Conclusion

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USDC and BUSD are good options for users who want to keep their money in U.S. dollars without worrying about volatility or conversion fees. ORY’s performance bodes well for the crypto project, as it depicts unwavering interest in the DeFi industry despite recent major ring downturns in the crypto industry.