Not all DeFi protocols are the same. Most projects struggle to strike a balance between security, reliability, and overall performance. So, leading DeFi platforms have earned their positions for conveniently adding value to users. These projects include PancakeSwap, 1Inch, and Safemoon.
Another project that has caught the eye of crypto experts is Oryen. The protocol recently launched its staking dApp and P2P token swap platform. Investors indicate Oryen could proceed to the top of DeFi rankings, considering the project’s exhibited performance.
What is Oryen Network?
Oryen Network is a decentralized finance (DeFi) protocol that runs an automated staking protocol and DEX. The platform’s staking dApp leverages the Oryen Autostaking Technic (OAT) to generate up to 90% fixed APY. OAT also powers the buy-hold-earn staking mechanism, which allows anyone and everyone to earn rewards by holding Oryen’s $ORY.
This staking mechanism has attracted many investors to the project, adding more users for the Oryen DEX. The DEX allows users to swap all supported tokens P2P from liquidity pools holding token pairs on the exchange. Oryen DEX is rapidly adding crypto markets to the platform. Also, the platform rewards liquidity providers and supports token swaps at negligible costs.
ICO Performance of Oryen
Oryen is gradually adding apps to the protocol. This trend will drive demand for $ORY and increase the project’s value. Already, $ORY has generated 3X gains for investors. The token’s ICO performance remains the best for crypto’s Q4 this year. In addition to surging token value, Oryen’s community is growing aggressively and compounding the $ORY demand effect.
In just two months, $ORY has increased from $0.05 to $0.175. The token presale will reward all investors, including those who join in the last session. Check out the schedule below for token prices and bonuses you can claim in the ongoing presale:
| Presale Session | Date | ORY Price | Purchase Bonus |
| Presale 2 | 02 Nov — 09 Nov | $0.1 | 10% |
| Presale 3 | 09 Nov — 16 Nov | $0.11 | 9% |
| Presale 4 | 16 Nov — 23 Nov | $0.12 | 8% |
| Presale 5 | 23 Nov — 02 Dec | $0.15 | 7% |
| Presale 6 | 02 Nov — 09 Dec | $0.175 | 5% |
| Presale 7 | 09 Nov — 16 Dec | $0.21 | 5% |
| Presale 8 | 16 Nov — 23 Dec | $0.25 | 5% |
| Presale 9 | 23 Nov — 27 Dec | $0.3 | 0% |
How Does PancakeSwap Work?
PancakeSwap is a BSC-based DEX that deploys an automated market maker (AMM) to automate token P2P swaps. The DeFi app allows peers to swap supported tokens, primarily BEP20 tokens, without an intermediary. Apart from token swaps, users can supply digital assets to liquidity pools through farming to earn fees.
Also, you can lock up your tokens to earn liquidity provider (LP) tokens. PancakeSwap’s $CAKE tokens facilitate all these incentives. PancakeSwap allows you to withdraw your stake instantly. So, you can deploy $CAKE to earn more rewards, but first, evaluate the risks involved in case of markets crumble.
What is 1Inch Network?
1Inch Network is a DEX aggregator that sources liquidity from multiple sources. So, users can leverage the aggregation to find the best token swap rates and get value for money. This aggregator is powered by a multichain algorithm known as Pathfinder. The algorithm finds liquidity from Ethereum, BNB Chain, Avalanche, Fantom, and other top chains.
1Inch features a mobile-based wallet, allowing users to manage their assets on the go. Overall, the AMM provides more than enough opportunities for traders to find the best token swap deals. $1INCH is a governance token issued on the protocol.
What is Safemoon?
Safemoon is a DeFi protocol aiming to provide high yields for liquidity farming. The protocol deploys static rewards for reliable passive income, similar to Oryen. The project is adding more functionalities, including an NFT marketplace, to provide one-stop access to DeFi services. Safemoon’s native token, $SAFEMOON, has slumped 99.8% in 2022, as many users call it out as a scam project.
The Bottomline
Oryen is a high-performance staking protocol. Additionally, the platform’s DEX provides a convenient way for users to swap tokens, earn rewards, and manage their assets on one platform. The project’s functionality has set it apart from other dApps and DEXes. Oryen’s rapidly growing token and expanding community hold the secret to its success. Soon, the project will surpass the risky PancakeSwap, low-yield 1Inch, and collapsing Safemoon.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
