Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Main Takeaway:
Oryen is a decentralized community-based platform that uses a unique protocol called Oryen Autostaking Technic (OAT) to achieve automated staking and yield high fixed interest. The OAT protocol is responsible for distributing rebase rewards based on a positive rebase formula. The protocol is tasked with distributing rebase rewards every 60 minutes or 24 times a day, making it the fastest-paying auto-staking protocol in the crypto space.
Mostly, other crypto protocols pay rebasing rewards every 8 hours, making the staking process less convenient. The ORY token (Oryens’ native token) is a rebase token or price elastic token, which simply means that when the circulating supply of ORY tokens expands, it is due to changes in the current price of the token. Ultimately the more demand for ORY tokens, the bigger its initial supply of 40 million gets, hence it is price elastic.
These amazing features play an important role in the sustenance and stability of the Oryens’ ecosystem. Oryens’ primary objective is to change how staking operates in the DeFi space and reward its investors for holding their tokens. Market spectators believe that the protocol has high potential and delivers on its promises. Darryl Boo - a Crypto investor, shares his excitement about the benefits of the Oryen in his video review.
For early investors, Oryen secured 110% profits which further proves the possibilities of the protocol. Arguably one can agree that the Oryens’ protocol outmatches other crypto projects like Shiba Inu (SHIB), Doge (DOGE), and Big Eyes Coin (BIG).
Shiba Inu token (SHIB) is a decentralized crypto meme-coin that is used that
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