A new staking platform called Oryen is already making moves in the present market. After demonstrating usability, the project has generated a profit of 200% in phase 5 of its initial coin offering (ICO). The Oryen network is regarded as one of the most secure and successful ventures in the cryptocurrency sector in 2022. It’s hardly surprising that Oryen is outperforming GMX and BAT after such a good start.
Basic Attention Token (BAT)
The BAT token is the native coin on the Brave platform that advertisers use to pay for commercials, and users receive them as a reward when they view these adverts. The initiative guarantees customer privacy and only exposes them to advertisements that are relevant to them. This guarantees that advertisements work and that customers are safe while making money.
It’s a unique cryptocurrency initiative that promises to transform the way digital advertising is done by ensuring all stakeholders are happy. During the prior bull run, BAT reached its pinnacle. However, it is lower in value in the current market.
The Oryen Autostaking Technic (OAT) has been designed by Oryen to provide auto staking and auto compounding in the holder’s wallet, at a fixed APY of 90% and a daily ROI of 0.177%.
Oryen uses token taxes to promote these advantageous rebases. The buy-and-sell tax system incentivizes users to hold their tokens. A portion of the tax is paid when users sell in order to generate liquidity and maintain the value of the currency in the future.
The project is towards the end of its initial coin offering (ICO), and still making a profit; currently at 200%. With payments sent every 60 minutes, the Oryen Auto-staking Protocol is the quickest cryptocurrency auto-staking protocol. This is an easy-to-use platform that is on track to take off. And this has been noted by crypto expert, Darryl Boo
GMX is a decentralized exchange platform where users are able to conduct direct token trades using smart contracts. The platform offers trading with a “zero-price effect” and low fees. Lowering the gap between a trade’s expected price and its actual value makes the trading more capital-efficient.
The numbers are significant thus far. Oryen should be considered first by anybody looking to make a smart investment in the cryptocurrency space.
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