Oryen Initial Coin Offering (ICO) commenced on a rather fine note as early adopters of its native token ORY bagged 120% profits. Its exponential gains put the project at the forefront of the DeFi space. Analysts and market spectators agree it is the best alternative to other cryptos’.
The prospect of a project offering incredible returns with minimum effort in terms of staking is hard to believe, especially in a bear market. However, despite market uncertainties, a particular crypto project has not only offered new and improved DeFi staking possibilities, but SolidProof thoroughly audits its smart contracts.
The Oryen Network is a blockchain-based platform that operates solely on the foundation of automated staking to provide a secure and transparent passive income stream to its ORY holders. The OAT (Oryen Autostaking Technic) protocol is critical in achieving the best possible automated staking and guaranteed yield.
Following its presale surge of 120%, Oryen has outpaced crypto projects like Polygon and Dogecoin. It is helpful to know that the Oryen Network has an initial supply token of 40 million, with over 25 million currently in circulation. However, the Oryens’ native token (ORY) is a rebase token which means that as the demand for ORY increases or decreases, so does the supply. In a nutshell, the token is price elastic. According to Business2Community, they believe Oryen to be one of the best altcoins in 2022.
The DeFi space is being revolutionized with an outstanding opportunity for a secure, fast, and safe passive income stream built with the sole purpose of empowering its community through a next-gen automotive staking system, which is what the Oryen network is providing.
Polygon (MATIC) is a multi-chain blockchain system that is seamlessly compatible with the Ethereum blockchain. The platform was created in India and uses a Proof of stake consensus to validate smart contracts.
Dogecoin (DOGE) is a decentralized meme coin-based ecosystem that started as a “joke coin.” The coin was created due to the wild assumptions of cryptocurrency back then. However, over time it has offered peer-to-peer transactions since 2013. The coin is top-rated due to the influence of Elon Musk.
Expectations are high and unwavering as Oryen’s 120% profits set a new record for other crypto projects due to the relatively new network. In addition, it has amassed community participation and widespread popularity in the crypto space.
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