To have a stake in something loosely means to be involved or have a share of the thing. Similarly, in the crypto sector, staking involves holding digital assets and locking them in an address to earn interest in return. The process compares to depositing money to a fixed deposit account in conventional banking systems.
Crypto staking is getting popular among crypto users as investors seek additional revenue streams from their assets. Instead of letting crypto lie idle in wallets, users can leverage staking platforms to generate passive income.
Staking platforms are taking the light away from meme coins and other projects. At the frontline of this crypto-staking revolution is Oryen Network, offering a fixed APY of 90%.
What is Oryen Network?
Oryen is a staking protocol built on the Binance Smart Chain (BSC). The DeFi platform leverages BSC’s security, agility, and efficiency to power reliable and ultra-low-cost transactions. Oryen features an automated protocol that simplifies the staking process for investors.
To get started staking on Oryen, one needs to top up $ORY. Afterward, the staking process is easy and intuitive. Without the need to lock up any funds, holders of ORY automatically receive a guaranteed APY of 90% generated by the platform’s unique utility.
These mouthwatering deals have fronted Oryen as the leading staking platform in 2022. And developers have built mechanisms to maintain fixed high yields long-term. Apart from the Oryen Autostaking Technic (OAT), the platform’s Risk-Free Value (RFV) wallet and treasury hold assets to back up the value of $ORY and keep the token stable amid volatility.
Further, Oryen Network achieves all these top features without compromising the protocol’s security. Specifically, the anti-whale tax prevents malicious actors from gaining majority control over the network. This way, Oryen stays 100% community-governed and censorship-proof.
ICO Performance of Oryen
Against the bearish trends, Oryen has launched a successful ICO. Despite being a few weeks old, $ORY already surged from $0.05 to $0.11, providing over 2X gains for earliest investors.
The ongoing Phase 3 presale will bring in more revenue for $ORY holders as the price will top $0.125 as early as late November. The ICO deploys a dynamic pricing mechanism where $ORY’s price gradually rises as bonuses subside. To get started or double down on your $ORY investment, check the presale schedule below:
|Date||ORY Price||Purchase Bonus|
|02 Nov — 09 Nov||$0.1||
|09 Nov — 16 Nov||$0.11||
|16 Nov — 23 Nov||$0.12||
|23 Nov — 02 Dec||$0.125||
How Does Tamadoge Work?
Tamadoge is a pet-themed NFT gaming platform where users can play and get rewarded. Competitions involve NFT-minted pets, which you can breed and upgrade using the platform’s utility token, $TAMA.
Also, earnings generated from playing games on Tamadoge’s virtual world – Tamaverse – are payable in $TAMA. The platform has become popular with gamers and meme coin lovers.
What is Solana?
Solana is a Layer 1 blockchain billed as an open-source platform for building the next generation of decentralized apps (DApps). The project focuses on building a highly scalable, decentralized, and secure network while maintaining high transaction throughput.
Currently, Solana boasts a 50,000 transactions per second (TPS) throughput and aims to offset congestion and meet the rising demand for blockchain apps. Solana’s innovative blockchain solutions have also attracted many investors to buy its native token, $SOL.
Crypto traders are always looking to maximize their earnings. The growing popularity of staking protocols positions Oryen for success as seasoned investors shy away from tokens with limited utility.
Moreover, $ORY has generated over 110% gains for early investors, even before taking earnings. Sooner, even more, investors will shift from projects like Tamadoge and Solana to grow their assets through Oryen.
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