Oryen Network With Guaranteed 90% APY Likely To Give Better Return…

With the release of the Oryen Network (ORY), stakers are now able to earn a guaranteed 90% APY on their deposited funds. This is a significant increase from the current rates offered by staking EOS or AAVE. Because of this, ORY will likely give better returns than both of these options.

What Is Oryen Network (ORY)?

Oryen Network (ORY) is a revolutionary staking platform developed on Binance Smart Chain. It enables users to engage in staking in exchange for rewards in a user-friendly environment using its proprietary Oryen AutoStaking Technic (OAT).

Oryen has an elastic supply (using the rebase algorithm), which allows it to self-mine new tokens at specific intervals. When holding ORY tokens, users can earn a 90 percent annual percentage yield (APY) in the form of compound interest. It implies that users need just purchase and hold ORY tokens in their wallets for the number of tokens to rise automatically. This is precisely how passive revenue is generated for token holders.

So, where Oryen Network obtains its money to pay such high-interest rates to its customers and maintain liquidity?

The correct answer is taxes. An 8% fee is applied when buying $ORY tokens, while selling includes a 12% fee. These fees will be used to pay daily interest rates to users, supply liquidity, sustain the RFV wallet, and aid in the growth of the treasury.

However, consumers may avoid tax expenses before the project’s official launch on the Pancakeswap exchange. Before its debut, Oryen Network will undergo a three-stage ICO period. During the presale, users can acquire ORY tokens at the lowest rates, get bonuses, and introduce friends via referral programs.

Eos (EOS)

EOS is a blockchain-based, decentralized platform that designs, hosts, and executes decentralized apps (dApps) for business. When you stake your EOS, your tokens are effectively frozen. Your tokens will be unavailable until you want to withdraw them. The process will take three days to go from your staked to your unstaked balance.

While this is a typical approach for many projects, it is inconvenient when you need to utilize the funds for anything else. Oryen, on the other hand, enables you to earn staking rewards without locking up your money.

A typical user must stake between 1 and 2 EOS to access the network. Your voting power is proportional to the amount of EOS you have deposited. Only staked tokens have voting power during the election of Block Producers, making the platform difficult for small investors.

Aave (AAVE)

Aave is a decentralized finance (DeFi) system that eliminates the need for a centralized middleman when lending and borrowing cryptocurrency and real-world assets. When you stake AAVE on the Aave platform, you lend your funds to the Aave protocol to earn interest. If the Aave Safety Module is enabled, it can lose up to 30 percent of your Aave.

The Aave Safety Module protects lenders from market losses. If the value of AAVE falls by more than fifty percent, the Module will sell a portion of the staked AAVE to produce liquidity and pay losses.

Consequently, those who have staked their AAVE on the platform will be unable to immediately react to market crashes or capitalize on abrupt price variations. They will be required to wait ten days before withdrawing their money.

The Bottom Line

If you’re looking for the best returns on your investment, Oryen Network is a clear choice. With a fixed APY of 90%, you’re almost guaranteed to make more money than you would by staking EOS or Aave. And, since Oryen Network is still in its early stages of development, there’s a good chance that the returns will only get better over time.