Oryen Network (ORY), a multi-use cryptocurrency platform with features such as staking, trading, and assets management, has seen significant growth since the launch of its presale. Offering a fixed APY of 90%, 0.177% daily rewards paid out every 60 minutes, and an auto-staking feature enabled by Oryen Autostaking Technic (OAT), Oryen has become a major player in the crypto market. With news headlines being made and Youtube influencers like Darryl Boo talking up the project, it’s clear that Oryen is starting to gain traction among other communities.
Newcomer Oryen Network
Though DeFi projects like Aave and Near Protocol are still maintaining their status as top DeFi protocols, Oryen is quickly becoming their challenger with its own unique offerings. Its treasury, called the Risk-Free Value (RFV) wallet, backs up ORY tokens and gives investors more security in their investments. Additionally, its automated systems are user-friendly for first-time users who want to enter the world of cryptocurrency.
Despite current market conditions that have seen a downturn in prices for many cryptocurrencies, projects like Oryen continue to grow and expand into new areas of interest. This could be attributed to the fact that now is the perfect time for investors to buy into top crypto presales that are likely to launch into a new macro uptrend soon enough.
The launch of Oryen’s presale has also necessitated Aave and Near Protocol to reassess their own strategies to keep up with the competition. AAVE has implemented further measures of security to remain one of the top DeFi protocols on the market. At the same time, Near Protocol focuses on renewable energy sources that can help reduce energy costs associated with mining cryptocurrencies like Bitcoin.
Ultimately, while projects like Aave and Near Protocol may have maintained their positions as top DeFi protocols over time, Oryen Network is certainly challenging those positions by offering higher security measures for its investors and more user-friendly options for beginners entering the world of crypto investments.
With market sentiment at an all-time low due to global economic uncertainty caused by the Covid-19 pandemic, now is an opportune time for investors looking to get into presales like ORY before they make their way back up in value during the recovery period from this downturn.
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