Oryen Revolutionizing DeFi With Guaranteed 90% APY, PancakeSwap and Fantom Leaving Behind in 2022
When it comes to investing in cryptocurrencies, guaranteed return is vital. With prices that fluctuate rapidly and widely, choosing investments that provide consistent payouts is essential.
During the current volatile market swings, Oryen (ORY) comes as a breath of fresh air with its high and guaranteed APY rate of 90%. This has left PancakeSwap (CAKE) and Fantom (FTM) in the dust, whose flexible APY rates are no longer attractive to investors.
Oryen (ORY)
Oryen (ORY) is an Oryen Network native currency that has the potential to change the way we stake assets. It is a rebase token, meaning its value swings like other cryptocurrencies. However, unlike other tokens, the rise and decrease in value are triggered by a change in supply rather than price. Oryen uses a positive rebasing algorithm, which, together with the Oryen Autostaking Technic, adjusts prices and pays consumers hourly.
Oryen’s smart-contract-based OAT system automatically stakes assets in users’ wallets and delivers rebasing payouts. Every 60 minutes, users earn 0.00733% interest on their deposits, resulting in a 0.177% daily ROI or a 90% yearly return. The finest aspect of Oryen’s returns is that they are fixed so that investors can anticipate practically a doubling of their investment over the year, regardless of market fluctuations.
Currently in an ICO presale, Oryen is heating up for the launch, which is scheduled for December 30th.
PancakeSwap (CAKE)
PancakeSwap (CAKE) is a DEX and AMM powered by the Binance Smart Chain that enables anybody to exchange BEP-20 tokens swiftly and securely. CAKE holders may supply liquidity via farming in exchange for fees. Users of PancakeSwap put assets in a liquidity pool and get liquidity provider (LP) tokens in exchange. APY on CAKE Pool stakes is around 45%. However, the figure is subject to vary according to market fluctuations.
Fantom (FTM)
Fantom (FTM) is a Layer-1 network constructed using smart contracts compatible with Ethereum but executing transactions more efficiently and at a lower cost. Unlike other Ethereum alternatives, Fantom does not compromise decentralization for network speed.
Lachesis is the name of the Fantom consensus mechanism, a modified form of proof-of-stake. By staking FTM, investors actively contribute to the network’s security while reaping passive income through FTM incentives.
The minimum required stake to operate a validator is 500,000 FTM. Users have the option of locking their tokens for a reward rate proportionate to the lock-up length (up to 365 days and 6% APY) or just staking them for the standard rate (1.8% APY) with no lock-up.
In contrast to CAKE, FTM stakers have fixed conditions and rates, meaning they are aware of returns they may anticipate throughout the year. However, the rate is much lower than the one offered by Oryen.
The Bottom Line
With ORY token holders receiving a guaranteed 90% APY, it is clear that Oryen is ahead of the DeFi game, leaving CAKE and FTM behind.
