There’s an enormous demand for a new DeFi protocol that has achieved a 140% price surge in its ongoing presale. The incredible achievements have Polygon and DOGE investors on the edge of their seats. With hints of interest being displayed by investors of other crypto projects, one can deduce that Oryen offers incredible utilities that provide value for its network.
Oryen (ORY)
Oryen displays exquisite functionalities that open a new world to earning returns in crypto. It is built on an industry-standard blockchain called Binance Smart Chain. OAT – Oryen Autostaking Technic is the protocol that runs the Oryen platform, and it is responsible for operating an automated staking procedure with an end result of paying the highest fixed APY out of any other protocol in DeFi.
OAT utilizes a simple method to ensure a sustainable yield. The Buy-Hold-Earn method simplifies how investors stake. Basically, by buying ORY tokens (Oryen’s Native Token) and holding them in a wallet without moving them, you’re auto-staked and set to receive rebase rewards.
Oryen offers rebase tokens as rewards to ORY holders. These special type of tokens are sometimes referred to as elastic tokens. In a nutshell, the ORY token is relative to its initial supply in terms of price changes. Ultimately when the price of ORY increases or decreases, so does its supply. It is beneficial to know that Oryen houses an initial supply of 40 million that keeps on growing as the project progresses.
The OAT protocol is quite a game-changer in DeFi, as it operates with sustainable features as core components. According to Business2Community, Oryen is one of the best altcoins to buy in 2022.
Polygon (MATIC)
Polygon is an Indian-built blockchain platform with cross-chain functionalities. Its native token, MATIC, is used for peer-to-peer transactions. Polygon is built on the Ethereum blockchain, and it has the ability to also integrate across other blockchains. The development of decentralized apps (DApps) is made possible for different services on Polygon.
Dogecoin (DOGE)
Dogecoin is a meme coin built in 2013 as a “joke coin” with a payment service feature. DOGE, its native currency, has a logo of the popular “doge meme.” Dogecoin is the first meme coin, and it has a friendly demeanor that is easily digestible by crypto enthusiasts. It also trends in mainstream media due to the influence of the “doge father,” Elon Musk.
Conclusion
Oryen is currently in its fourth presale phase, with significant achievements that attest to its rich and unique functionalities. Market analysts speculate that the project has what it takes to grow even further.
Learn more here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.