Oryen Network Sees Unprecedented Hype Around Newly Released DApp from Fantom and Avalanche Whales

Oryen Network Sees Unprecedented Hype Around Newly Released DApp from Fantom and Avalanche Whales

Oryen Network has launched its newest features yet – the staking dApp and DEX. The project developers are working to ensure all milestones for 2022 are met as scheduled on the roadmap. This team diligence has boosted community backing and investor confidence in Oryen as more traders join the project’s ongoing ICO.

The newest tools on Oryen Network increase utility for the platform’s native token, $ORY. Consequently, the project’s token has soared 320% in under ten weeks. While Oryen soars, other projects struggle to keep up with the pace. Fantom and Avalanche have suffered the November crypto meltdown, and holders of $FTM and $AVAX are looking to other projects like $ORY to recoup their assets.

Understanding Oryen Network

Oryen Network is a decentralized staking protocol that features other DeFi applications, including a decentralized exchange (DEX) and liquidity farming. The platform is built on Binance Smart Chain (BSC), leveraging its scalability and security to enable high-performance staking. Also, Oryen features an automated program that simplifies staking and generates high returns for $ORY holders. The Oryen Autostaking Technic (OAT) eases access to crypto staking, allowing investors to earn by simply holding $ORY.

As a decentralized protocol, Oryen developers have built mechanisms to fend off market volatility that could cause $ORY’s value to plummet. The protocol deploys its Risk-Free Value (RFV) staking technology to hold asset reserves securely, including stablecoins and protocol-owned liquidity. When bear markets hit, Oryen uses the backup assets to sustain and raise the $ORY price floor. The protocol holds more assets in the Oryen Treasury.

Undoubtedly, Oryen’s staking dApp is its stand-out feature. The protocol generates guaranteed returns of 90% APY. Token holders receive high-frequency payouts (hourly). Another top feature of Oryen is its new DEX. The exchange allows users to swap tokens directly with their peers, maintaining their privacy and low fees. Still, users can supply liquidity to $ORY pools on the DEX to earn rewards.

Essentially, the project has created more utility for $ORY. As such, the token’s demand increases gradually and raises its value.

What is Fantom?

Fantom is a decentralized blockchain created to resolve scalability issues in older chains, specifically Ethereum. The protocol is built from the ground up and integrates its custom consensus mechanism, Lachesis, to enable fast, efficient, and secure smart contract execution. DApps on Fantom have a two-second transaction finality and almost zero gas fees.  

Fantom’s $FTM is the ecosystem’s lifeblood. The token facilitates network processes, including payments, staking, and governance. $FTM has plunged 90% in 2022 due to market volatility exposure.

What is Avalanche?

Avalanche is a layer-1 blockchain protocol comprising three built-in chains to power faster processing. The three primary chains are Exchange-chain (X-Chain), Platform-Chain (P-Chain), and Contract-Chain (C-Chain). Each layer performs specified functions, ensuring the Avalanche network is freed to handle more transaction requests.

For instance, the C-Chain exclusively handles DeFi and smart contract requests, while P-Chain is deployed to staking Avalanche’s native $AVAX token. The project is focused on building a well-balanced blockchain. $AVAX has slumped by 85% in 2022 alone.

Final Takeaway

Many projects have felt the heat of crypto’s volatility in 2022. $AVAX and $FTM holders are some of the hardest-hit investors this year. This explains why they are looking to top DeFi projects of 2022 to help rebuild their portfolios. Oryen has been the go-to project for many investors. The protocol’s remarkable ICO trend, thanks partly to the dApp and DEX, reaches new heights every week. $ORY will surpass 6X gains during the launch.

Learn More Here

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

Website: https://oryennetwork.io/

Oryen Network, Oryen Network Sees Unprecedented Hype Around Newly Released DApp from Fantom and Avalanche Whales

Subscribe Today
for our Weekly Newsletter

Free Weekly Crypto News without the spam.

Related Articles

Our Partners

SwapCoin.com RapidCoin.com ChangeNOW.com Paybis.com WestcoastNFT.com