Smart December Investments: Oryen Network, Venus Protocol and COMP
When compared to conventional finance, the DeFi is still relatively new. As a result, we frequently get new and innovative ideas. All investors make decisions, but only those who do so wisely and with sufficient knowledge profit significantly from cryptocurrency.
Oryen Network, Venus Protocol, and COMP have all been referred to as smart investment decisions on this front.
Compound is a decentralized lending platform built on Ethereum blockchain, that enables users to lend and borrow Ethereum tokens at varying interest rates. It includes a program that uses an algorithm to match lenders and recipients, doing away with the need for intermediaries.
The platform’s native currency is called COMP. Users are credited with COMP when they borrow, withdraw, or repay borrowed assets.
Oryen is already creating waves in the market. Even though the project is still in its presale, many prominent crypto whales have expressed interest in it.
The network’s exclusive feature, Oryen Autostaking Technic (OAT), has been the primary factor in ORY’s current success. Every ORY holder is guaranteed to get regular incentives, distributed every 60 minutes, without having to learn the sophisticated methods of staking.
Users can rest easy knowing their assets have value to support the platform’s fixed 90% APY for the long-term because it is supported by a Risk-Free-Value (RFV) Wallet that builds value from trading activities.
Oryen has been listed among the best presales to invest in seeing as it’s price has already increased by 320% and is anticipated to rise much further, as illustrated below.
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Compound and MarkerDao were hard forked to create the money market protocol known as Venus. Users of Venus can loan their assets to others in exchange for fees. In order to protect lenders from liquidation, Venus features a Reserve Factor that calculates the amount of interest that has accrued in the Reserve Pool.
Venus Protocol, Oryen, and COMP are all smart investments in crypto. Analysts, however, predict that Oryen will offer even more opportunities for greater returns.
For more information:
Join Presale: https://presale.oryennetwork.io/register
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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Filed under: Bitcoin - @ December 11, 2022 2:52 am