Home You Can’t Miss Oryen, As It Is Dubbed The Heir Of Aave, Maker, And Curve
Finance News

You Can’t Miss Oryen, As It Is Dubbed The Heir Of Aave, Maker, And Curve

Ruby Layram Finance Editor Author expertise
Fact Checked
Fact Checked
Everything you read on our site is provided by expert writers who have many years of experience in the financial markets and have written for other top financial publications. Every piece of information here is fact-checked. We sometimes use affiliate links in our content, when clicking on those we might receive a commission - at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
We do our best to help you make intelligent financial decisions. Tradingplatforms.com is compensated if you access certain products or services offered by eToro USA LLC and/or eToro USA Securities Inc. and other brokerage companies. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success. This however does not affect our assessments of the brokers, their features, and their overall rating.

Leading DeFi giants such as Aave, Maker, and Curve have played a significant role in driving important innovations in the crypto space. With the aim to develop an unbiased financial system, these protocols lay a strong foundation to revolutionize traditional finances. They allow users to put their tokens to work and earn rewards much higher than those offered by centralized systems.

Despite unparalleled development in the DeFi space, there’s hardly any intuitive platform that guarantees fixed stable returns. An upcoming project, Oryen Network improves upon this existing mechanism to make staking frictionless and profitable for investors of all levels.

What makes Oryen a strong candidate in the DeFi space?

Most entry-level investors find it challenging to understand the mechanics behind various DeFi strategies. At the end of the day, everyone wants to make the best of their investments by generating passive returns. Oryen, with the help of its Autostaking feature, allows users to earn rewards for just holding $ORY tokens.

The minute you buy the token, you are eligible to receive rebase rewards every 60 minutes, with a daily ROI of 0.177%. This means an average token holder receives an annual compound interest of 90%. The Oryen Autostakin Technic employs a complex set of algorithms to support the underlying price and the rewards.

Oryen’s treasury plays a critical role in supporting the OAT system and the overall growth of the protocol. There’s a separate RFV (Risk-Free value) wallet that collects funds to support liquidity pools during extreme market conditions. The network applies a transaction tax on each trade to support high-yielding APY, while also strengthening the price floor for $ORY. This encourages the investors to hold their tokens, rather than trade.

While the smart contract audit is currently in progress, $ORY presale demand has gone through the roof within a week of inception. Smart investors see it as an excellent opportunity in current market conditions, where passive income is the need of the hour!

Find Out More Here

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Telegram: https://t.me/OryenNetwork

Discord: https://discord.com/invite/jSvaXmb2cB

Twitter: https://twitter.com/oryennetwork


Question & Answers (0)

Have a question? Our panel of experts will answer your queries. Post your Question

Leave a Reply

Write a Review

Your email address will not be published. Required fields are marked *

Ruby Layram Finance Editor

Ruby Layram Finance Editor

Ruby is a Finance Editor who has 5 years of experience in the finance and cryptocurrency space. Ruby attended the University of Winchester where she received a BSc in Psychology. During her studies, Ruby developed an interest in financial psychology and began writing content around the topic on a freelance basis.  Whilst she was studying for her degree, Ruby spent time learning about personal finance, investing and trading. She has written content for The Motley Fool UK, Bankless Times and Cryptonary where she also worked as an editor. Her interest in cryptocurrency came about after writing a piece for The Motley Fool about the rise of CBDCs. Since then, Ruby has actively invested in the crypto market with a focus on long-term investing.  Ruby is also an experienced trader with good analytical skills. She has used a used a variety of platforms and tools to trade and has first-hand experience with many of the platforms that are featured on the Trading Platforms website.