Oryen Network (ORY) Outperforming Avalanche (AVAX) and Monero (XMR) In 2022's Last Quarter – Cryptonews
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The DeFi space is growing rapidly, with new projects and ventures continually being added to the market. The sector is revolutionizing the financial landscape by opening new markets for investors to explore. While volatility exists in the market, stiff competition from other DeFi projects remains a threat to this emerging industry.
Oryen Network (ORY) has been proving itself as a promising project in the DeFi space according to Business2Community, with its continual growth in its sixth presale phase, as prices surges up to 250%.
Avalanche (AVAX) and Monero (XMR) are facing the bearish market with their challenges and difficulties, which has led to their inability to keep up with ORY’s progress so far.
Avalanche (AVAX) represents a one-layer blockchain that serves as the base for private and public blockchain networks.
The main objective is becoming the most dominant smart contract blockchain measured in terms of time to finality. Moreover, it hopes to achieve instant transactions and process thousands of transactions per second.
This private and decentralized cryptocurrency keeps users’ finances secure and confidential. The main intent behind Monero (XMR) is masking users, thus providing anonymity that is missing in blockchains.
It uses sophisticated cryptography obscuring the sender’s and receiver’s information. One major effort placed behind by the creators is anonymity and security instead of usability and efficiency.
Oryen network is proving the crypto market wrong while becoming a ripe investment opportunity. It has a unique protocol that uses security-audited smart contracts that automatically compound and transfer rewards to its holders.
This is through its innovative Oryen Autostaking Technic, which remains at the forefront of making the staking process accessible and easier while earning high returns. The OAT makes it one of the top ten DeFi coins to purchase right now.
Furthermore, Oryen offers a fixed APY that keeps fluctuating. Thus, it means that you can never tell how many tokens you will end up receiving. It is common for other investors to find DeFi protocols that pay a high APY that can fluctuate by 90% daily.
However, Oryen token holders can earn a fixed interest rate of 0.177%. Alternatively, it compounds at 90% annually, more than the current industry standards.
The fast rebase rewards make Oryen one of the most promising DeFi projects. It is common for other staking protocols that pay holders to rebase after every eight hours. However, Oryen pays after every 60 minutes or 24 times daily. This makes it one of the fastest-serving auto-staking protocols in the crypto space.
In short, Oryen is a very impressive ICO with a strong team behind it. The platform they plan on creating has huge potential to impact how users interact with crypto platforms in the coming years.
Learn more here:
Join Presale: https://presale.oryennetwork.io/register
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