Over the past few years, DeFi has brought a dramatic change in the world of finance. The central belief that underpins this technology is the elimination of custodians and intermediaries in any financial transaction. The rising popularity of DeFi protocols and decentralized exchanges can be attributed to their potential to generate massive returns for the user. This was never possible with the way our traditional system works.
However, complexity accompanied revolution since a majority of DeFi strategies are challenging to comprehend for entry-level investors. Plenty of projects end up sweeping away investor money to cover up the losses. Oryen network grew out of this concern and developed a protocol that simplifies staking for investors of all levels. It guarantees the best possible returns, much higher than Olympus and Polygon.
How does Oryen ensure auto-compounding for token holders?
The key highlight of Oryen network is its proprietary feature, Oryen AutoStaking Technic or OAT. It ensures that any $ORY token holder is automatically eligible for daily rebase rewards. Unlike other rebase tokens, the Oryen network utilizes a positive rebase formula that allows $ORY holders to keep growing their portfolios. All this can be done without having to lock the assets or move them to a different wallet. Your tokens are auto-staked the moment you buy, and you are guaranteed a daily return of 0.177% that auto-compounds to 90% APY.
This positive rebasing is supported by a Risk-free value wallet, which acts as a buffer during extreme market conditions. RFV gets additional support from treasury funds that come from buy and sell taxes. A portion of the tax collected will keep adding to the treasury, and this will play a pivotal role in the sustainable growth of the Oryen ecosystem.
One thing that separates Oryen from competitors like Olympus and Polygon is its stable and high-yield APY. Rewards are given out every 60 minutes on a pro-rata basis, which encourages investors to hold their tokens for a longer period of time. This incentivizing factor will play a huge role in the protocol’s growth.
The ongoing presale has caught the attention of DeFi enthusiasts, as smart investors look to diversify their investments in upcoming projects with excellent potential.
Find Out More Here
Join Presale: https://presale.oryennetwork.io/register
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.