Oryen Network (ORY) Contender For Project Of The Year 2022. Will It Be The Next Olympus (OHM) Or Uniswap (UNI)?
In the world of cryptocurrency, new projects are constantly vying for the top spot. In the past few years, we’ve seen some genuine contenders emerge. Which project will be the next big thing?
Oryen Network (ORY) is a new entrant into the fray and it’s already making waves. Some are calling it the next Olympus (OHM) or Uniswap (UNI) – two of the most successful projects in the space. So, what is Oryen Network and what makes it so unique?
Oryen Network (ORY)
Oryen is a groundbreaking Rebase Token that aims to create a whole new decentralized paradigm in the DeFi business. Oryen’s one-of-a-kind auto-staking function allows investors to profit from passive income flow without really intervening, as the autonomous OAT mechanism handles all of the work in their own wallets.
Aside from simplicity, the advantages of Oryen Network include the greatest investment returns. ORY provides 90% APY and 0.177% daily ROI for everyone, forever, merely for purchasing and storing $ORY tokens.
Liquidity is critical when it comes to digital assets like Oryen. That is why the Oryen team has built a second wallet in Oryen’s OAT system called the RFV (Risk-Free Value), which serves as a reserve fund for the liquidity pool in the case of a sudden sell-off. This technique is critical because without liquidity, individuals will be unable to purchase or sell the Oryen token.
The RFV offers much-needed stability while also ensuring that the liquidity pool does not run empty during periods of increased selling pressure. This feature is simply another way Oryen provides its holders with peace of mind and assures the token’s liquidity and investment potential.
Olympus (OHM)
Olympus is a cryptocurrency system that aims to become a reliable crypto-native currency. Though it is frequently referred to as an algorithmic stablecoin, Olympus is more analogous to a central bank in that it manages its price using reserve assets such as DAI. The objective is to establish price stability while preserving market-driven floating pricing.
Uniswap (UNI)
UNI is the governance token for the very successful DEX Uniswap and, unlike most other tokens, did not go through an ICO but was instead given to platform users in one of the most lucrative airdrops in crypto history.
Uniswap employs an AMM rather than a regular order book due to the use of liquidity pools and smart contracts. Liquidity pools enable investors to contribute liquidity in return for a part of the transaction fees incurred when swaps are executed on the DEX.
Bottom Line
It is clear that ORY has what it takes to be a top contender for the project of the year 2022. With a strong team and active community, ORY has the potential to be the next big thing in the cryptocurrency space. Only time will tell if ORY can reach the same heights as Olympus (OHM) or Uniswap (UNI), but we are definitely excited to see what the future holds for this project.
Learn More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Telegram: https://t.me/OryenNetwork
Discord: https://discord.com/invite/jSvaXmb2cB
Twitter: https://twitter.com/oryennetwork
Text source: DailyCoin.com
