Polkadot Investors Increasingly Buying The Oryen Network Presale, Followed By Wallets With Large Cosmos Holdings.

Published on:


The cryptocurrency market is full of opportunities for investors, but it cannot be easy to decide which projects are worth their time and money.

One common thing for investors is diversifying their investment portfolio, so they put only some of their eggs in one basket.

As crypto projects continue to pop up, there’s no shortage of new opportunities for investors looking at new crypto projects showing up daily.

The Oryen Network presents a new opportunity for investors in the DeFi project by offering them access to a platform with innovative features designed specifically for this industry.

Polkadot (DOT)

Polkadot is a protocol that helps in connecting different blockchains. This innovative concept allows sharing of value and data sent across incompatible networks, for example, between Bitcoin and Ethereum.

Moreover, it features the DOT token used for staking and governance. As a governance token, it allows holders to contribute to the protocol’s future. As a staking token, it verifies transactions while issuing new tokens.

The protocol uses a proof-of-stake consensus mechanism for securing the network, verifying transactions and creating and distributing new tokens.

Oryen Network: New Investment Hub?

Oryen is carving a name for itself as a rare game gaining much traction from the crypto community. Business2Community lauds it as one of the best-ranking DeFi coins to purchase for investors.

Oryen Network is one of the most promising DeFi projects because of its unique approach to staking. The Oryen Autostaking Technic (OAT) protocol not only makes it simple for users to stake but also earn rebase rewards hourly.

The OAT protocol utilizes a simple buy, hold and earn function for users. Moreover, it uses a positive rebase formula to ensure daily token distribution that equates directly to the rebase rewards.

Apart from autostaking, Oryen Network features a Risk-Free Wallet (RFV) that plays an integral role in Oryen’s ecosystem. It acts as a separate wallet to collect funds for supporting and stabilizing the liquidity pool.

This process is important, especially during harsh market conditions that lead to an empty liquidity pool. The liquidity facilitates the buying and selling of Oryen tokens (ORY). Therefore, the RFV acts as a cushion for the liquidity reserve.

The DeFi Guys, in their recent video review, speak volumes about the unlimited potential that the Oryen Network places on its investors.

Cosmos (ATOM)

Cosmos acts as a cryptocurrency that powers an ecosystem of blockchains designed for scaling and interoperability. The main objective behind Cosmos is to create an ecosystem where blockchains can communicate in a decentralized manner. The Cosmos uses a BFT consensus algorithm together with Tendermint consensus.

Moreover, ATOM stands as the primary token. After staking, ATOM gets locked up for an indefinite period. Upon delegating, users can earn staking rewards distributed to stake token holders.

Final Giveaway

Oryen Network provides the perfect opportunity for investors to diversify their investment portfolios during incoming passive income. Given its innovative features, it is no doubt that Oryen Network will continue soaring during the next presale phases.

Learn more here:

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

Website: https://oryennetwork.io/

 

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.



Source link

Related