DApp is now Live – Oryen Network Releases Major Utilities During Presale and Attracts Fantom and Avalanche Holders
After recording 3X gains, Oryen Network has launched its staking dApp and DEX. The platform’s new features offer practical utility for $ORY tokens and yield additional opportunities for holders. This new upgrade has caused a buzz among traders looking to infuse in positively rewarding protocols.
Holders of top tokens like Fantom and Avalanche are looking to Oryen as $FTM and $AVAX struggle in the declining markets. With Oryen dApp and DEX, users are more confident of a $ORY rally.
What is Oryen Network?
Oryen Network is a BSC-based DeFi platform mainly featuring a decentralized staking program. The protocol’s reputable 90% APY will now complement earnings from the Oryen DEX. The exchange allows peer-to-peer (P2P) token swaps with low fees incurred. So, you can easily exchange $ORY for other supported tokens, including $BNB coin and $BUSD stablecoin.
You can also earn through liquidity supply on the DEX. Send your $ORY to the ORY-BUSD pool and earn $BUSD tokens as liquidity provider (LP) rewards. As Oryen adds more token pairs and markets to the DEX, $ORY holders will have more ways to generate income via liquidity pools. This increasing utility is designed to drive demand for $ORY and increase the token’s value.
ICO Performance of Oryen
Oryen has now surpassed the $0.20 mark. This value represents 320% yields in two months. The community is also rapidly growing as many jump in to maximize their presale gains before the ultimate launch early next year.
Notably, this project is a gift that keeps on giving – week in, week out. Since launching the ICO, week-on-week gains have exceeded the overall crypto market performance. And there’s no slowing down. Check out the token prices and bonuses coming up soon on the presale:
Presale SessionDateORY PricePurchase BonusPresale 202 Nov — 09 Nov$0.110%Presale 309 Nov — 16 Nov$0.119%Presale 416 Nov — 23 Nov$0.128%Presale 523 Nov — 02 Dec$0.157%Presale 602 Dec — 09 Dec$0.1755%Presale 709 Nov — 16 Dec$0.215%Presale 816 Nov — 23 Dec$0.255%Presale 923 Nov — 27 Dec$0.30%
How Does Fantom Work?
Fantom is a Layer 1 blockchain protocol that supports smart contract execution for building dApps. The blockchain features enhanced scalability and security with low gas fees. Also, Fantom is EVM-compatible, making it a viable alternative for Ethereum. Developers can deploy the chain to build dApps that scale, offering a better DeFi experience for users.
Fantom’s unique and custom-built Lachesis consensus mechanism ensures all network operations are resource efficient. The platform’s native token, $FTM, is currently among the best-performing crypto projects. $FTM has dipped from $0.31 in early November to $0.25 – a resilient performance compared to other tokens.
What is Avalanche?
Avalanche is a Layer 1 protocol built to balance the blockchain trilemma of scalability, decentralization, and security. Like Fantom, Avalanche is a key Ethereum rival looking to become the go-to smart contract chain. Avalanche boasts a high transaction throughput, up to 6,500 tps.
To achieve optimal performance, Avalanche deploys a 3-in-1 chain integration comprising the X-Chain, C-Chain, and P-Chain. Each chain performs specific tasks, freeing up the network and scaling operations. Avalanche’s $AVAX fuels operations on the network. Primarily, validators will stake specified $AVAX tokens to be part of the Primary Network that validates transactions across all three chains. $AVAX slid 30% in November.
Oryen is creating the ultimate DeFi experience. The protocol’s dApp and DEX offer value to users. Unsurprisingly, $FTM and $AVAX holders have indicated an interest in $ORY following its continued rally in bearish markets. The project ranks among the best altcoins for 2022 and has recorded the best Q4 performance in crypto.
Learn More Here
Join Presale: https://presale.oryennetwork.io/register
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
Filed under: Bitcoin - @ December 13, 2022 10:07 pm