Cetoex News – The cryptocurrency market offers various investment options that suit the different needs of an investor. Staking is a common option for earning returns on investment (ROI), and quite often most crypto projects offer this option with various rates.
Oryen is the newest protocol to take decentralized finance by storm. With incredible functionalities, Oryen is winning over the holders of Shiba Inu and Binance Coin with guaranteed staking rewards that defy industry standards.
Oryen (ORY): DeFi’s Highest Staking Protocol
Oryen houses an array of features that work closely with each other to ensure the creation of benefits for potential investors. Oryen’s very own pristine decentralized financial protocol, OAT (Oryen Autostaking Technic) is an auto-staking feature that is simplistic in its entirety and operates through a “three-step” function called Buy-Hold-Earn. When it comes to this simple function, the ultimate ease of usage is assured for the holders of ORY which is Oryen’s native token.
The Buy-Hold-Earn function in action can be envisioned as when inventors buy ORY tokens and hold them in their wallets, such an investor earns rebase rewards directly to their wallets. To further ensure that this function operates optimally, Oryen uses a positive rebase formula to distribute daily tokens that are directly correlated to the daily rebase rewards. The daily rebase rewards are valued at 0.177% of the total amount of tokens held in a wallet.
Timely distribution can be expected as rebase rewards are paid out upon each rebase period to all ORY holders. Ultimately if an ORY holder doesn’t move their tokens from their wallet, they can expect to receive an annual compound interest of 90%, which is by far the highest in crypto. Defi Guys, via their crypto youtube channel, expressed high enthusiasm for the amazing possibilities Oryen secures in their video review.
Oryen’s infrastructure is built on the industry-leading blockchain and its smart contract is fully audited and backed by SolidProof. Oryen constitutes high-class technology and standards that reflect expertise in DeFi.
Shiba Inu (SHIB)
Shiba Inu is a meme-centric token that is dubbed the Ethereum-based rival to dogecoin. It was created in 2020 by an anonymous individual or group of individuals. SHIB, its native token is an ERC-20 token that can be exchanged for other asset types between holders. The SHIB token does not endorse smart contract functionalities, however, it can be transferred from one individual to another.
Binance Coin (BNB)
Binance Coin – BNB is Binance’s very own native crypto that offers a lower fee rate when transacting on the platform. BNB can also be used to trade and it is responsible for powering the Binance Smart Chain ecosystem. Another use case of BNB is the ability to be used to pay for online and in-platform services on the Binance platform.
Conclusion
As per market analytics, market sentiment highlights the high interest in the latest contender in DeFi, Oryen. The next edition of passive income has opened new doors for value generation, all due to Oryen’s exceptional components.
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