Experts consider Loopring (LRC) and Stepn (GMT) as two of the most innovative additions to the decentralized finance (DeFi) space. However, a fresh cryptocurrency project called the Oryen Network (ORY) is set to offer more generous returns than LRC or GMT by implementing a staking system backed by a Risk-Free Value (RFV) wallet.
Oryen Network (ORY)
Oryen Network offers an innovative way to generate passive income and long-term wealth. It introduces ORY, a reserve currency that is community-owned and designed to reward token holders regularly. Rebasing of rewards happens every 60 minutes, amounting to a daily Return on Investment (ROI) rate of 0.177% and an annual percentage yield (APY) of 90%.
Rather than creating a financial fund, the Oryen protocol is community-driven and distributes revenues directly to investors’ wallets. As such, ORY’s rate or return remains the same regardless of the state of the market. the project is able to guarantee a high yield because of the Oryen Autostaking Technic (OAT) feature, which enables automatic and hassle-free staking for investors. The RFV feature provides support to the floor price of ORY, ensuring it has a buffer value if there are fluctuations in the market. A Treasury also provides added support to RFV.
Loopring (LRC)
Loopring is an open-source, audited, non-custodial exchange protocol deployed on the Ethereum mainnet. It offers an innovative hybrid solution to the disadvantages of both centralized and decentralized exchanges. Orders are managed in a centralized manner, but the trades are settled on the blockchain, combining as many as 16 orders into circular trades instead of the inefficient and costly one-versus-one trade pairings. This system not only increases the efficiency of transactions but also boosts the liquidity of decentralized exchanges.
Stepn (GMT)
Powered by the Solana blockchain, Stepn is a unique player in the GameFi space. It introduces the revolutionary move-to-earn concept, which incentivizes its users to follow a healthier lifestyle. Stakeholders who own NFT sneakers can earn GMT tokens when walking, running, or jogging. An app monitors the movement of users using a functioning GPS. Developers are planning to introduce more reward elements that would contribute substantial social and environmental impacts.
Final thought
With an auto-staking mechanism supported by a buffer value, Oryen Network can achieve returns that far exceed what projects like Loopring (LRC) or Stepn (GMT) could offer. Oryen Network is currently in its presale stage, providing interested buyers a chance to accumulate its tokens at a favorable price.
Learn More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
