Staking cryptocurrencies is not everyone’s cup of tea. While it is a good process for generating passive income, it is also not simple to do. However, a new DeFi project, Oryen Network (ORY), introduces an auto-staking platform that has piqued the interest of market watchers.
Oryen Network (ORY)
Oryen Network is a novel auto-staking protocol that ensures gains as well as ease of investment. To stake ORY, investors only need to buy the token and make sure they have a wallet to put it in. Once the buyer deposits ORY tokens in the proper account, the Oryen Auto-staking Technic (OAT) feature comes into play, applying an auto-compounding capability that ultimately results in a 90% annual percentage yield (APY). No other crypto project in the industry can ensure this level of guaranteed returns. With OAT, Oryen could outpace Olympus (OHM), Safemoon (SFM), Curve (CRV), and Eos (EOS).
While staking happens automatically, users can also un-stake their tokens anytime. As such, they do not need to lock up their tokens for a fixed period just as they would with other staking platforms.
Also read – Why Could Oryen, Dogecoin, And Shiba Inu Explode In 2023?
Olympus (OHM)
Olympus is an algorithmic currency protocol that utilizes reserve assets like DAI to manage its price, functioning much like a central bank for cryptocurrency. Its decentralized reserve currency is called OHM. Unlike the stablecoin DAI, OHM is not pegged to a certain price.
SafeMoon (SFM)
SafeMoon protocol, a human-focused blockchain technology, is aggressively expanding its product portfolio. On top of providing decentralized exchange and a mobile app for users, developers plan to include a centralized exchange and NFT marketplace by the end of 2022.
Curve (CRV)
Launched in January 2020, Curve is another decentralized exchange platform with CRV as its native token. It is able to manage liquidity using an automated market maker (AMM) for stablecoin trading. Curve caters to anyone interested in decentralized finance services such as yield farming and liquidity mining.
Eos (EOS)
The Eos Network is a third-generation blockchain protocol powered by the EOS token. Its founders take pride in reporting that it is the most scalable, divisible, and programmable cryptocurrency in the market. Its decentralized programming ensures that control does not solely reside with block miners, but with all members of the community.
Also read – APY With Oryen (ORY) Guaranteed At 90%, Better Investment Than SushiSwap (SUSHI) And 1inch Network (1INCH)
The bottom line
With its auto-staking and auto-compounding capabilities, Oryen Network could be a game changer for the crypto industry. Interested buyers can claim a share of Oryen Network’s future by buying ORY tokens during its presale.
For More Information:
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
