How useful? How successful? Each investor wants to confirm the platform they intend to invest in by getting specific answers to these questions. Oryen Network aims to be a platform that provides satisfying solutions to these queries.
A DeFi initiative called Oryen Network is prepared to take a leadership role in the cutthroat marketplace for decentralized apps. Oryen Network is driving a revolution that will usher DeFi, and also how people utilize it, into a new stage by introducing capabilities not yet found in current initiatives that have moved forward.
The Oryen Auto Staking Technique (OAT), a protocol used by Oryen Network, supports several intricate aspects that operate in the background to enable the fantastic, cutting-edge activities it performs on the scene, including;
- Automated staking – Users on this platform are not required to comprehend the concepts like yield farming and staking. As soon as a user gets the native token, $ORY, in their wallet, the OAT initiates auto-staking. No other DeFi project gives their customers this capability as readily.
- A fixed Annual Percentage Yield (APY) – Banks return less than 10% annually, stocks provide varied profits based on a variety of circumstances, and other staking platforms offer varying APYs for their users. Humans need specificity and certainty, which is why OAT performs better as a hedge than others by automating a steady APY. The highest fixed APY on the market is 90% per year and 0.177% each day for compounding sum.
- Fast Rebase Rewards – The OAT pays 24 times a day or once every 60 minutes. Other staking systems, meanwhile, give out payments every eight hours. As a result, Oryen Autostaking Technique is the market’s quickest auto-staking technique.
However, many of the other rivals, such as Dogecoin and Shiba Inu, cannot be compared to the aforementioned utility examples.
Dogecoin (DOGE)
Dogecoin is a peer-to-peer cryptocurrency inspired by the Shiba Inu dog breed.
However, it has had several losses and drawdowns throughout the years that it was unable to recover from. In the DeFi domain, Dogecoin is a poor utility pointer because of its infinite supply.
It doesn’t even come close to having the same use cases as Oryen’s $ORY, and DOGE’s price movement is fairly choppy and doesn’t have the same upward mobility as $ORY.
Shiba Inu (SHIB)
Shiba Inu is an Ethereum-based meme cryptocurrency alternative coin. The Japanese hunting dog breed is where its name originates.
Shib lacks a smooth price action, similar to the doge. Hence consumers cannot be assured of their ROIs or APYs. Both lack the utility value and price movement of the ORY.
Summary
Oryen Network also ensures that the OAT is a flexible foundation that can host a variety of future innovations, indicating that it is here to stay and reign.
Oryen Network is raising the bar and becoming head and shoulders above its competitors.
For More Information:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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