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It's been an eventful few weeks in the DeFi space with the release of Oryen Network and its OAT (Oryen Autostaking Technic) protocol. While there have been plenty of other launches, such as Fantom and Avalanche, Oryen has become the standout success due to its unique approach to staking.
The presale for the ORY token began a few weeks back and has since seen a 400% increase in price. This impressive growth is due to the ease and security of using the OAT protocol. With traditional staking setups, users have had to move tokens from their wallets onto a platform or exchange to start earning rewards. With OAT, users purchase $ORY directly into their wallet and are instantly staked without additional action. This makes it incredibly easy for investors to get started.
On top of this, Oryen also offers a fixed APY of 0.177%, which is more than most other DeFi protocols can offer while also providing stability since it doesn't fluctuate as other APYs do by up to 90% or more in a single day.
In terms of features, the Oryen DApp offers everything you would expect from a modern DeFi platform, including a DEX, earnings calculator, and staking pools for BUSD holders. In addition, several upcoming plans, such as decentralized margin trading, should provide even more value for users who invest in $ORY early on.
Overall, when comparing Oryen Network to Fantom and Avalanche, there are some major differences between these platforms despite all three being part of the growing DeFi space. One key advantage that sets Oryen apart is its auto-staking feature which eliminates any need for manual setup while providing investors with a fixed APY
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