People remain poor throughout life due to a flawed understanding of money and its workings. People equate time with money and exchange their time for capital. The secret to wealth is putting your assets to work.
Oryen Network (ORY), Compound (COMP), and Uniswap (UNI) are three DeFi protocols where you can let your money work for you.
Oryen Network (ORY)
Oryen pays out an incredible fixed rate of 90% APY. The protocol has just begun its expansionary phase and directly rewards investors for helping it bootstrap liquidity. Oryen features buy and sell taxes, pushing this revenue stream through the OAT (Oryen Autostaking Technic) system. The OAT represents DeFi at its peak- all the complicated processes take place on the back end. The OAT uses these funds to develop the treasury responsible for funding expansion, build a deep liquidity pool, and develop the RFV (Risk-Free Value) wallet. This separate wallet acts as a liquidity reserve in the event of a sharp sell-off by a whale.
Oryen has already confirmed that it has plenty in the pipeline. A highly undervalued DeFi protocol that delivers market-leading returns.
Compound is a decentralized lending protocol that allows global participants to access permissionless loans. Compound V3 has recently launched, and the platform is built centrally around USDC and ETH. Investors can supply their assets and earn interest from borrowers. Compound pays the interest in the deposited currency and additionally provides COMP tokens as an incentive for interacting with the protocol. Investors can then supply these COMP tokens to engage in layered earnings.
Uniswap is an excellent place for investors to put their money to work. In pioneering the Automated Market Maker (AMM) model, Uniswap delivered trustless swaps and mandated the need for liquidity. Investors who provide liquidity on Uniswap are awarded a percentage of the trading fees associated with that pool. Investors form LP (Liquidity Provider) tokens and receive UNI in return. Investors can then supply UNI to DeFi lending protocols such as Compound to generate additional yield and truly begin compounding their earnings.
Passive income is key to financial freedom, and building passive income flows is about putting your assets to work. All the above protocols can help you put your money to work today, but the shining star has to be Oryen and its incredible fixed rate.Find Out More Here:
Join Presale: https://presale.oryennetwork.io/register
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.