Oryen Network Brings Simplified Staking To DeFi, While TVL of Uniswap and PancakeSwap stagnates

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Staking is one of the many advances that DeFi has witnessed. A new project called Oryen seeks to streamline the staking process on already-established staking platforms.

Oryen (ORY)

Oryen is a special cryptocurrency project that allows all investors, regardless of experience level, to participate in staking. Its innovative Autostaking Technique (OAT) makes it simple for you to earn benefits from staking by automatically staking on your behalf.

OAT ensures a fixed 90% annual percentage yield (APY), or 0.177% daily, by monitoring and maintaining rebase incentives and underlying pricing through an RFV and backup treasury support. This guarantees that you will receive the promised payouts regardless of market volatility, which is crucial given the current state of the crypto market.

All of this is done inside your wallet therefore you don’t need to move your assets to staking pools to earn in Oryen. This has made the project a reputable cryptocurrency investment in 2022, with the endorsement of popular crypto experts on YouTube like Darryl Boo and The DeFi Guys.

Oryen is giving a 320% profit to its early investors, with a 400% increase projected in the next presale phase as shown below.

Presale Phase Date Price Increase ORY Price Purchase Bonus
Presale 7 09 Dec — 16 Dec 320% $0.21 5%
Presale 8 16 Dec — 23 Dec 400% $0.25 5%
Presale 9 23 Dec — 27 Dec 500% $0.3 0%

Uniswap (UNI) and Pancakeswap (CAKE)

Uniswap and Pancakeswap are the two largest decentralized exchanges.

Uniswap provides services such as cryptocurrency trading and yield staking. Users can also develop on the decentralized platform. As a result, it brings developers, cryptocurrency traders, and liquidity providers together. The platform, which was built on the Ethereum blockchain, enables rapid and secure transfers of ERC-20 tokens.

Pancakeswap, like Uniswap, allows users to earn and trade virtual currencies, but it is however built on the BNB network. As a result, it is exchanged using BEP-20 tokens.

The Total Value Locked (TVL) of these platforms has significantly declined in the bear market, prompting investors to look for other options.

Conclusion

By giving every type of investor, whether inexperienced or skilled, the opportunity to generate significant cryptocurrency earnings through its simple, automatic staking technique, Oryen is transforming DeFi.

For more information:

Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/