Beginner-friendly staking with Oryen Network attracts large holders of Uniswap, Dogecoin, and Fantom
Beginner-friendly staking with Oryen Network attracts large holders of Uniswap, Dogecoin, and Fantom
according to market trends November 29, 2022
As the DeFi craze continues to sweep the crypto world, more and more investors are looking for ways to get involved. One of the most popular ways to generate income from your crypto holdings is through staking.
While staking can be a great way to generate some extra income, it can also be confusing and intimidating for crypto newbies. Luckily, the Oryen network is here to help.
Staking with Oryen Network is as simple as holding the ORY token in your personal wallet and receiving rewards for helping secure the network. There is no need to run a full node or set up special equipment.
Oryen’s novel staking techniques have caught on broad interestespecially from Uniswap, Dogecoin and Fanton communities.
Staking on the Oryen Network
Oryen has recently appeared on the DeFi horizon with the intention of making staking easy and accessible for all skill levels. The team has developed an OAT system, Oryen Autostaking Technic, which works on smart contracts and guarantees hourly rebasing rewards equivalent to 0.00733% of the total amount of ORY tokens in the wallet.
Notably, the user does not need to lock a specific amount of tokens in a separate pool as staking is done directly through the user’s wallet once they make a purchase. These rebasing rewards are compounded and give users a guaranteed annual percentage return of 90%. Such high payouts are aided by transaction fees charged on multi-sig wallets that separately fund liquidity pools, RFV wallets, and treasury.
Overall, the OAT system and carefully designed tokenomics make Oryen the easiest and most secure staking protocol with the highest fixed rewards.
Oryen Network aims to build a stable, reliable currency with many utilities across multiple chains. The team has already raised over $1 million during the ICO, indicating investors are confident and equally committed to the project’s success.
Oryen is about to open the sixth pre-sale phase priced at $0.175. This represents a massive 250% gain over the opening price, indicating immense potential for its future growth and wider adoption.
Uniswap overview
Uniswap is one of the earliest and largest decentralized exchanges and the dominant DEX in the ether ecosystem. Uniswap invented the Automated Market Maker concept, where users contribute Ethereum tokens into Uniswap “liquidity pools” and algorithms determine market prices based on supply and demand.
Users can earn incentives while enabling peer-to-peer trading by contributing tokens to Uniswap liquidity pools.
What is Dogecoin?
Dogecoin, which uses the same technology as Bitcoin and Litecoin, has focused on making the blockchain faster and more accessible. Elon Musk’s launch of Dogecoin was a major contributor to its success. Additionally, several retail giants such as GameStop and AMC Theaters have acquired DOGE. However, DOGE is based on speculation, and with its unlimited supply, it’s getting harder to get back on track every day.
How does Fantom work?
With the Fantom blockchain network, you can complete a transaction in less than a second for a minimal fee. Payments, digital authentication, and medical records are among the key use cases. Staking is possible with FTM, Fantom’s native token.
The final result
As the crypto market is overwhelmed by volatility and complexity, Oryen jumped in as a simple and ready-to-use solution with guaranteed returns, realistic potentialand recognition from analysts.
Learn more here:
Participate in the pre-sale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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