Oryen Network ICO Jumps More Than 570%, Causing Excitement In Cardano and Polygon Circles
Oryen Network is a multi-use cryptocurrency platform that has been causing quite a stir on the crypto scene, having gained over 570% since its presale launch. With investors becoming increasingly enticed by Oryen’s features and impressive returns, it is no wonder Oryen is being compared to some of the biggest projects in the space – Cardano, and Polygon.
Newcomer Staking Platform
What makes Oryen Network so appealing? As one of the latest entrants in the crowded DeFi landscape, Oryen has come with a swathe of new and innovative solutions to problems encountered in traditional finance. For starters, the platform boasts a fixed APY of 90%, allowing users to easily accumulate rewards with minimal effort – all while avoiding any custodial risks associated with staking. This is facilitated by its OAT (Oryen Autostaking Technic) protocol which automates much of the staking process. Moreover, users have access to a robust treasury system known as Risk-Free Value (RFV), a wallet designed to back up ORY tokens with an additional layer of security.
Furthermore, it should be noted that Oryen offers significantly more accessible trading than many other exchanges or platforms. Thanks to their intuitive dashboard, traders can easily monitor their portfolios without having to deal with complex trading terminology or explanations. On top of this, Oryen Swap offers fee-free transactions for most assets and allows users to conduct swaps safely and securely.
Cardano and Polygon
In comparison, Cardano is also gaining significant traction due to its focus on smart contracts and decentralized applications. It aims to tackle scalability issues that plague Ethereum by introducing sidechains and native assets, allowing developers more flexibility when building dApps on Cardano’s blockchain. Polygon (formerly Matic Network) provides low-latency transactions thanks to its L2 scaling solutions, which are powered by PoS consensus mechanisms. Additionally, Polygon allows developers to build cross-chain applications that span multiple blockchains such as Ethereum, Binance Smart Chain, and NEAR Protocol; this creates interoperability between networks which was previously impossible given technical limitations on existing Layer 1 blockchains.
As we move forward into 2023, we can expect interesting developments from Cardano and Polygon, thanks mainly to major investments from large VC firms such as Polychain Capital. However, it must be said that there is something particularly unique about Oryen Network which sets it apart from these industry giants: its ability for users to store ORY tokens without ever having custody over those assets themselves, coupled with the low entry barrier for newbies entering crypto – two features which will surely make headlines in 2023!
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Join Presale: https://presale.oryennetwork.io/register