A long-term trend has appeared in the financial markets. Money flows away from traditional investments and into cryptocurrency. Institutional investors recognise the position blockchain technology will play in the future and are buying digital assets en masse. This is a critical signal, and investors should always attempt to emulate smart money.
A new Binance-based protocol Oryen (ORY), has attracted huge attention from Optimism (OP) and Nem (NEM) whales, who are eager to involve themselves in this passive income protocol.
Oryen (ORY)
Oryen pays out a market-leading 90% fixed APY. Rewards or token rebases happen hourly, and the daily ROI (Return On Investment) rate is 0.177%. Oryen introduces innovative technology that allows staking from wallets, meaning that all investors have to do is buy, hold, and earn. Oryen funds these positive rebases from buy and sell taxes.
Binance Smart Chain (BNB)
The Binance Smart Chain represents the third largest decentralized ecosystem and is a favorite amongst ordinary investors due to the low transaction cost. BNB powers the ecosystem and is used to pay all the gas fees. It is the ideal network for protocols aimed at ordinary investors and possesses some of the best security in the digital asset space.
Optimism (OP)
Optimism is a new layer two scaling solution built on top of Ethereum that brings scalability to the network through the introduction of optimistic rollups. Synthetix, the largest DeFi derivatives platform, uses the Optimism network, and it has seen a massive influx of liquidity. All transactions are recorded on Optimism and secured on the Ethereum base layer benefitting from its security. The network continues to attract more DApps, increasing the demand for OP to pay gas fees.
Nem (XEM)
Nem is an acronym standing for New Economy Movement. This project brands itself as developing the NASDAQ of the new economy and is a project devoted to asset management. This advanced blockchain provides corporations and organizations with the infrastructure to build directly onto the blockchain and seamlessly incorporates TradFi into the blockchain world.
Closing Thoughts
Optimism whales understand the workings of DeFi, and Nem whales understand the importance of asset management. Whales of both of these protocols understand the beauty of simplicity, and that is why they are investing in Oryen. Oryen leverages the blockchain’s programmability to deliver safe and secure returns to investors in a low-touch manner, making it a crypto gem.
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
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