Oryen Network Looks to Transcend GMX, Compound, And Celo

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Oryen Network Looks to Transcend GMX, Compound, And Celo
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Oryen (ORY) is a game-changer in the world of decentralized finance (DeFi). The project is only in the third phase of its presale, but early token holders can already see returns: the price of an ORY token has risen to a whopping 250%. Many crypto entrepreneurs are campaigning for ORY to reach its full potential before its December launch. With this kind of growth, ORY could soon overtake even the most promising tokens like GMX, COMP, and CELO.

Oryen (ORY)

The Oryen Network is a cutting-edge developer-based business with the goal of providing safe and sustainable yield to its holders and users. It is currently ranked as one of the Best Cryptocurrencies by Business2Community due to these three innovations:

  1. The Oryen Autostaking Technic (OAT)

This proprietary system automates the staking process, allowing traders to maximize its returns while avoiding the hassles of more conventional staking methods. Holders can receive rebase rewards by acquiring ORY tokens, letting them sit in their wallets without requiring vesting.

  1. An unprecedented 90% annual percentage yield (APY) or 0.177% daily return 

Token holders receive a Positive Rebase formula-based reward every hour. Owners of ORY receive tokens equivalent to the rebase reward earned during that period. With no inherent risks, ORY becomes a currency with high hourly interest rates that compound over time.

  1. The Risk-Free Value (RFV) wallet

The project has an innate RFV that protects against market volatility and guarantees a high rate of return. Supported by a Treasury and a novel tax mechanism, the value of ORY is maintained, and staking is encouraged.

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(GMX)

Cryptocurrency holders can use GMX, a decentralized spot and perpetual exchange, to make trades without ever having to leave their wallets. Using a cryptocurrency wallet, GMX users can conduct spot swaps and trade perpetual futures while maintaining control of their funds. The protocol was developed so that trades would not affect the price and swap fees would be minimal. Its native multi-asset pool is used for trading, and it generates fees for the providers of liquidity.

Compound (COMP)

The Compound project is a protocol for decentralized lending that enables users to earn interest on their cryptocurrency holdings. Users deposit their cryptocurrency into one of several pools supported by Compound and can earn interest. The platform matches lenders and borrowers algorithmically without an intermediary. It uses a liquidity mining system to reward users for lending their crypto assets. 

Celo Ecosystem (CELO)

One of the most significant issues users encounter when interacting with cryptocurrencies is a need for more clarity regarding their public keys. The Celo Ecosystem is a blockchain that aims to address this issue. A user’s mobile phone number is exchanged for a public key, a lengthy string of characters that has been scrambled. Public keys are used to identify cryptocurrency accounts. Newcomers will find that sending and receiving cryptocurrency is significantly simplified and made more accessible.

The bottom line

GMX, COMP, and CELO have amassed significant followings. But Oryen is gaining more traction, thanks to its cutting-edge features and meteoric rise in presale value.

For More Information:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.