Oryen Network releases DEX OryenSwap and Staking DApp to compete with Compound and Maker Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Decentralized exchanges are the future of cryptocurrency because they offer a more secure, transparent, and efficient way to trade digital assets. They eliminate the need for third-party intermediaries, reducing the risk of fraud and manipulation and reducing transaction fees. Oryen Network, a ground-breaking s...

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

Decentralized exchanges are the future of cryptocurrency because they offer a more secure, transparent, and efficient way to trade digital assets. They eliminate the need for third-party intermediaries, reducing the risk of fraud and manipulation and reducing transaction fees.

Oryen Network, a ground-breaking staking platform, is now releasing its decentralized exchange (DEX), OryenSwap, and a decentralized application where you can stake your tokens and earn the highest ROI in the industry. Oryen has already attracted many investors, and crypto whales who had once backed other projects like Compound and Maker are now turning their attention to this revolutionary DeFi platform.

What is the Oryen Network?

Oryen, with the launch of its own DEX and DApp, aims to solve a recurring issue in the crypto industry: the interest rate it provides to investors. While decentralized exchanges can offer impressive yield rates, they fluctuate considerably. This is where Oryen comes in, offering its investors a stable and guaranteed yield of 90% APY. Users also receive a daily ROI of 0.177% on their holdings, and with the help of a rebase mechanism, rewards are deposited into users' wallets immediately.

The platform employs a unique staking mechanism called the Oryen Autostaking Technic (OAT), allowing investors to easily stake their tokens. Oryen also has an RFV wallet that provides liquidity to the token during challenging crypto markets and ensures that the token's price is not affected by large fluctuations in the market.

Due to its variety of use cases and features, the Oryen Network has much potential for growth and scalability. This has allowed it to become a popular platform amongst crypto whales, who have been willing to take a chance on this DeFi platform. In fact, YouTubers and influencers like Jim Crypto and Steven Clarke have been sharing their excitement about the Oryen Network and why it's such a great project. The presale for this project has a dynamic model, and early investors can benefit from the ICO’s discounted price and a bonus feature. Following is the presale schedule for ORY:

What is Compound?

Compound Crypto (COMP) is an Ethereum-based token representing the native token of the blockchain - Compound Finance. The token was created to incentivize users to contribute to developing the Compound protocol, which enables users to borrow, lend, and trade digital assets on the Ethereum blockchain. The Compound protocol is designed to provide a fair and open financial market, allowing users to earn interest on their crypto assets and borrow digital assets with low-interest rates. In addition, the COMP token gives holders the right to vote on proposals and updates to the Compound protocol.

Understanding Maker Crypto

Maker is a decentralized finance (DeFi) protocol built on the Ethereum blockchain. It is designed to provide users with a stable cryptocurrency called DAI, which is pegged to the US dollar. Maker also offers users access to international payments, peer-to-peer transactions, and other DeFi services. In addition, it is a smart-contract platform that enables users to issue, borrow, and trade digital assets in a secure and transparent way.

Key Takeaways

The launch of Oryen Network's DEX OryenSwap and staking DApp marks a significant milestone in developing decentralized exchanges and DeFi platforms. Furthermore, Oryen has already achieved 3x returns for its investors and has a very large investor base. So, it is no surprise that it is poised to be one of the biggest projects in the crypto industry this year.

Learn More Here

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

Website: https://oryennetwork.io/