Decentralized Finance (DeFi) is an improvement over the centralized, controlled financial system in use in the modern world. Numerous platforms, exchanges, and blockchain networks, such as the Oryen Network, FTM, SOL, and others, enable this enhanced system. These systems typically use the dollar as their main value comparison.
These platforms typically provide what is known as an ICO, or initial coin offering, which is the cryptocurrency equivalent of an IPO, or initial public offering, which is when new companies sell their stock at a discount to the market price to raise money before launching their main product, in this case, the DeFi platform.
A new DeFi platform is at this stage and is scheduled to launch later in December 2022.
Explaining the Oryen Network
Oryen Network is a creative effort to open up new possibilities in the Defi world. It is an automatic staking option that gives holders of ORY the largest rewards that increase over time in cryptocurrency (the network was developed by the Oryen team to bridge the flaw of staking as it is generally known; manual staking on platforms).
It has a native coin called ORY, the same as every other platform, and its purpose is to control the network and maintain the security and functionality of the protocol.
The token now rules the market and is in the presale phase. As of the time of writing, some of its enticing statistics are;
- Total presale $ORY available = 25,143,589
- Number of Unique registrations = 3000+
- Current $ORY Presale Price: $0.175
Oryen Launch Date: 30th December 2022
- Launch price: $0.35
- Presently in the sixth phase to sell 15,705,306 $ORY
- The present phase of sales comes with a presale bonus of 5%.
Because Oryen dominates the DeFi presale market and sets the standard higher than its rivals, its presale statistics are among the finest currently available.
FTM or SOL
ORY is hailed as the next Fantom (FTM) or the next Solana (SOL), receiving high accolades and garnering extensive attention owing to its long-term utility.
SOL coin, which is presently trading at roughly $13 and is ranked 16th on the cryptocurrency market cap list, has already reached an all-time high of $260.
Given the auto-staking feature and the rebase incentive being a set APY of 90%, it is anticipated that Oryen Network will eventually reach a similar height.
Meanwhile, FTM, a currency that works on the Fantom blockchain network, is placed 62nd on the coin market cap, with a market value of around $615 million.
Its current market price is estimated to be $0.24, and it has gone as high as $3.48.
The launch price of the ORY token exceeds the current FTM price, which is an excellent starting position for the voyage to the moon.
| Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. |
