Oryen has reached new heights after topping $0.15 in the ongoing presale. The project is now up 200% despite the declining crypto markets. Oryen is adding more members as investors gear up for the bullish run in 2023. Aptos, Klaytn, and Uniswap are some projects that fell sharply in decline. Most traders now shy away from top cryptos as they took the hardest hits following FTX’s collapse.
Oryen’s performance has it ranked among the best altcoins of 2022 only eight weeks after launch. The project is spearheading crypto’s revival following the dismal performance in Q4.
Understanding Oryen Network
Oryen Network is a seamless DeFi staking platform built on Binance Smart Chain. The protocol features crypto’s highest-ever staking returns, at 90% per year and 0.177% daily. This feature likely explains why the protocol is so popular among investors. And that’s not all. Oryen doesn’t lock funds or charge additional staking fees.
The interest generated by Oryen’s Autostaking Technic is remunerated to investors as frequently as every hour of the day. Also, this interest is fixed. So, users holding Oryen’s native token, $ORY, access a reliable revenue stream.
Further, Oryen has designed its protocol to fend off market volatility effects. The staking platform holds a reserve comprising stablecoins and other protocol-owned liquidity to deploy in valuing its token when markets decline. Also, its token supply mechanism is elastic and will increase or decrease to maintain a stable value.
What is Aptos?
Aptos is a Layer 1 blockchain protocol aiming to bring blockchain technology into mainstream operations. The blockchain deploys an efficient proof-of-stake (PoS) consensus mechanism with its unique Move smart contract language. On paper, the chain can process 150,000 transactions per second (tps) and aims to attract developers to build powerful DApps.
Aptos’ native token, $APT, serves utility functions on the protocol. The token facilitates all network transactions, including the payment of gas fees.
What is Klaytn?
Klaytn is a permissionless blockchain that primarily offers solutions for the metaverse, GameFi, and creator economies. The protocol is enterprise-oriented and designed to provide easy integration by companies. Klaytn processes transactions with near-instant finality and irreversibility. The chain features built-in scalability tools, EVM compatibility, and a billion-dollar ecosystem fund.
The protocol’s native utility token, $KLAY, secures the platform and facilitates transactions.
What is Uniswap?
Uniswap is the largest decentralized exchange (DEX) platform on Ethereum. The platform allows users to swap ERC20 tokens and trade other Ethereum-compatible assets directly. This automated market maker (AMM) DEX automatically fills orders and manages liquidity on the exchange.
$UNI is the token that fuels P2P token swaps on Uniswap. The token is also a governance token, allowing all holders to participate in decision-making. Holders can vote on proposals regarding liquidity pool rewards, among other issues.
Final Takeaway
Robust crypto projects need to remain stable amid extreme volatility, as witnessed this year. However, many top projects have fallen sharply, resulting in mega losses for traders. Still, Oryen Network has proven its viability as a high-performance protocol. The project has remained stable and gained over 200% in value. Moreover, its staking protocol will issue a steady revenue stream for $ORY holders.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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