The cryptocurrency industry has been up-only since its inception, with market participants profiting massively. While some focus solely on buying Bitcoin, others are more willing to explore altcoins, specifically decentralized finance. Investors take the chance to establish new streams of income extra income streams either through traditional trading or innovative technologies like staking protocols. Analysts and experienced traders alike love the prospects of ORY in the coming months, bringing both guaranteed and easily accessible yield to your portfolio.
Oryen Network (ORY)
Oryen Network is a brand-new staking platform in the DeFi space that guarantees every investor a static APY of 90%, which boils down to precisely 0.177% daily. This is made possible through the Oryen Autostaking Technic (OAT), which automatically stakes, compounds, and distributes accrued yield to all holders of ORY, the native token. Moreover, the platforms’ backup treasury supports continuous payouts during low-volume periods by accumulating a percentage from each transaction. Unlike traditional staking, there is no need to transfer ORY tokens into a staking contract, as the OAT mechanism takes care of that.
Interestingly, the DeFi community reacted positively to the approach Oryen is taking and rushed into the ICO to secure as many ORY tokens as possible with a 15% early-backer bonus. As a result, these early investors are now up by a solid +100% and are confident of seeing more upside for the token pretty soon.
Ethereum Classic (ETC)
Ethereum Classic is the result of an exploit on the Ethereum network that led to a rollback and, ultimately, a hard fork, creating Ethereum Classic in July 2016. ETC is considered the original Ethereum (ETH) blockchain, even more so as it still uses the Proof-of-Work (PoS) consensus mechanism, unlike ETH, which recently switched to Proof-of-Stake (PoS). In the wake of the Ethereum Merger, ETC’s hash rate saw significant growth, bringing the almost-forgotten project back into the spotlight.
Cardano
Cardano and its native token, ADA, are the brainchild of the infamous Ethereum co-founder Charles Hoskinson. The chain aims to provide a secure and scaleable environment for decentralized applications (dApps). With the latest update, the Vasil hard fork, the blockchain upgraded its throughput and reduced fees while also boosting its capability to host smart contracts, which will be a significant driver in the coming years.
Final Words
To the surprise of many, Oryen gained 100% during its ongoing ICO, outperforming established cryptocurrencies such as Cardano or Ethereum Classic. According to top analyst Steven Clarke, ORY is simmering beneath the surface, with a colossal price explosion imminent.
Learn More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Telegram: https://t.me/OryenNetwork
Discord: https://discord.com/invite/jSvaXmb2cB
Twitter: https://twitter.com/oryennetwork
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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