Oryen Network Finds New Price Base 2X Higher Than Previous, Elrond Holders Fail To Make Similar Gains

Oryen (ORY) is a brand-new decentralized project based on Binance Smart Chain. A spotlight shines on this project after doubling its price base within the first few weeks of its initial coin offering (ICO). Holders of other tokens like Elrond (EGLD) should be envious, considering that their bets have failed to generate a similar amount of gains.

How Oryen (ORY) drives its price base

Oryen is a community-owned, cutting-edge digital currency that revolutionizes how passive income can be achieved. It enables excellent returns by implementing OAT, or Oryen Autostaking Technic, which automates staking directly inside the digital wallets of investors. The OAT system is backed by the Risk-Free Value (RFV) feature and a treasury. With every hour that passes, ORY holders receive pro-rata portions of the protocol’s rebases. Ultimately, they receive a set yield that is compounded to reach a 90% annual rate of return, regardless of market conditions.

As such, the OAT system is one of the main selling points of Oryen, attracting potential token buyers who want ease and peace of mind with their crypto picks. Crypto enthusiasts also can’t stop talking about Oryen’s outstanding yield and reward system. In one of his latest videos, Jim Crypto discusses the bonuses in store for ORY investors.

The protocol applies a tax mechanism that levies eight percent on buy transactions and 12% on sell transactions. The taxes power the various features of Oryen and secure the rebase and auto-staking systems. The network has set up a higher sell tax to discourage massive whale selling orders and encourage investors to continue staking their ORY tokens.

Elrond (EGLD) gets outmatched

With Oryen in the market, Elrond (EGLD) holders may want to pay attention. Elrond is a blockchain protocol that uses sharding to provide rapid transaction rates. The project hosts a technology ecosystem for DeFi, fintech, and the Internet of Things. Its infrastructure for executing smart contracts can handle 15,000 transactions per second with a six-second latency and a $0.001 transaction fee. The Elrond network awards EGLD tokens to its community and active users, which they can swap to pay for services and other digital transactions.

The bottom line

With Oryen’s auto-staking and auto-compounding features, it’s no surprise this project is quickly gaining popularity among crypto entrepreneurs. As Oryen is starting the next phase of its presale soon, interested buyers need to act fast if they want to own a token that can generate profits at 100% or beyond.

Learn More Here:

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

Website: https://oryennetwork.io/