Since its inception, Oryen has seen a meteoric rise in price and popularity.The cryptocurrency gained over 100% in value during the presale phase in the past week.This puts it ahead of major competitors IMPT, Dash2Trade, and Cardano.How does Oryen compare to these other coins? Oryen Network Oryen Network is a new DeFi project well-known for its Oryen AutoStaking Technic (OAT).The auto-staking system works by automating the reinvestment of staked rewards.Simply put, staking is a cryptocurrency reward generation mechanism that allows crypto asset holders to lock (invest) their funds in a pool, giving them a return on their investment.
As a result, both sides benefit from mutual WIN-WIN cooperation.However, investing and reinvesting crypto assets in a traditional staking pool is nerve-racking.It can take a day or more of searching that staking pool, and once found, it is accompanied by huge transaction fees that drench the spirit of the entire staking procedure.This is when Oryen’s auto-staking comes into play.By default, an auto-staking protocol is constructed on the foundation of auto-compounding.Additionally, by implementing a positive rebasing formula, the OAT system ensures holders receive 0.00733% interest every hour, which gives us a fixed 90% annual return.
Oryen presale is going with a huge success, gaining 100% only in a few weeks.This increase was further boosted by acquiring SolidProof’s Audit and active discussions on Reddit.IMPT IMPT is a new green crypto initiative intending to aid in the battle against humanity’s most pressing problem: climate change.The protocol will employ blockchain technology to assist its users, enhancing their carbon-offsetting efforts.
IMPT releases Carbon credits as a type of permission that allows businesses to emit a set quantity of greenhouse gas into the environment.Carbon credits will be completely tradeable for people and businesses through IMPT, and users will be able to earn carbon credits while purchasing.Dash2Trade Dash2Trade is a new trading signals platform that aims to assist its users in becoming more profitable traders and investors.It will transmit trading signals to highlight buying and selling opportunities, conduct on-chain research, and monitor social mood to identify trends.Various strategy-building tools will also be available, allowing traders to conduct backtests in real time without incurring financial risk.The D2T coin is crucial to the ecosystem and may be traded independently.D2T, a tax-free ERC-20 token built on Ethereum, will provide holders with varying degrees of access to insights and tools via a tiered subscription model.Cardano Cardano (ADA) is proudly sitting among the most popular cryptocurrency networks.
With such rapid growth and widespread acceptance, some commentators have nicknamed its native asset ADA “Japanese Ethereum” because of its popularity in Japan.
As the Vasil hard fork happened, the excitement over Cardano intensified.Vasil is a hard fork update that attempts to speed up the network, increase scalability, and reduce transaction costs.Although Cardano fails to recover fully, observers remain hopeful about the project.The Final Takeaway Each listed crypto initiative focuses on different challenges and employs distinctive tactics.However, considering ROI, $ORY might be the frontrunner.
Oryen is changing the staking experience and making it accessible to anyone by offering the automated procedure with the largest rebase payouts and a set yearly interest rate of 90%.Find Out More Here: Join Presale: https://presale.oryennetwork.io/register Website: https://oryennetwork.io/ The post Oryen gains 100% during the presale phase.
How does it compare to IMPT, Dash2Trade, and Cardano? appeared first on Analytics Insight..
