Polygon is one of the better performers amid FTT and SOL weaknesses - How will Oryen perform after its ICO?
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The most important thing to remember when investing in cryptocurrency is that the market is highly dynamic. Therefore, what might be a good investment today might not be a good investment tomorrow. This is why it's essential to stay up-to-date on all the latest news and trends in the industry.
If you've kept an eye on the world of cryptocurrency, you've probably heard of Oryen Network. Oryen is a blockchain platform that provides several advantages over other platforms and will only gain more popularity in the coming years. Here's why you should invest in Oryen Network in 2022.
Oryen's primary goals are to change how investors stake and to provide rebasing rewards for ORY token holders. These rewards are given out every 60 minutes based on a percentage of the total number of tokens held.
Oryen offers a great way to generate passive income and accumulate fixed yield through them. This is further enhanced by its unique auto-staking mechanism (OAT). With ORY tokens, you can get up to a 90% APY fixed yield, which is one of the highest rates available in the crypto world.
ORY has an elastic supply, which means the initial token supply in circulation increases or decreases automatically according to the token's price. The network's initial supply is currently at – 40 million. The more demand for ORY tokens, the bigger the pool gets. Oryen then uses a positive rebase formula to keep the 'supply house' going.
All of this has diverted a lot of popularity towards the platform. In fact, Crypto enthusiasts like Daryl Boo and Steven Clarke have picked the Oryen Network as the top crypto choice for 2022. The table below shows how the price of
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