Growing your assets with Staking Platform Oryen in similar fashion with Polygon, Shiba Inu, and Big Eyes
Conventionally, investing has been in stocks and other government-issued investment vehicles. These markets, like any investment, bear risks that may limit returns or even lead to losses for investors. The recent spike in inflation and comparably lower interest rates have degenerated investments into loss-making ventures.
However, cryptocurrencies are turning things around. While most cryptocurrencies are notorious for high volatility and the market largely unpredictable, one project stands strong to provide a stable passive yield to holders – Oryen.
Understanding Oryen Network
Oryen Network is a blockchain-based staking protocol built on the robust BNB Smart Chain (BSC). The platform features a secure, automated, and scalable staking algorithm. Holders earn upwards of 0.177% interest daily, equivalent to 90% APY. These returns are fixed, and you can receive your earnings as soon as every hour.
For token holders, Oryen presents a reliable revenue stream because the Oryen Autostaking Technic (OAT) sustains these high yields with precision staking into high-yield pools. Further, the project holds reserve assets with a diversified portfolio to keep its token’s value stable during harsh market conditions.
These backup assets are held using the Risk-Free Value (RFV) staking technology and complemented with the Oryen Treasury. Altogether, the OAT, RFV wallet, and the Treasury stabilize the price of Oryen’s native token, $ORY.
What is Polygon?
Polygon is a Layer 2 blockchain that focuses on scaling the Ethereum network to simplify and free up the network for ultra-low cost and near-instant transactions. Formerly the Matic Network, the protocol features the flexible and modular Polygon SDK. This component allows developers to build decentralized apps and leverage the high scalability (over 65,000 transactions per block) and security on Polygon.
Polygon’s $MATIC serves as the utility token for the protocol, facilitating transactions and securing the system. Also, $MATIC holders can participate in governance roles on the network. In the wake of the FTX meltdown, $MATIC has plunged 30%, which is a solid performance compared to other top coins.
What is Shiba Inu?
Shiba Inu is one of the most popular meme coins and the largest cryptos by market capitalization. Branded the ‘Dogecoin Killer,’ the project also features the Shiba Inu dog breed on its logo, like $DOGE.
As a meme coin, Shiba Inu is built and supported by its community which continues to add utility for the $SHIB token. This increasing utility for the token is designed to induce more demand for $SHIB and keep its value rising.
What is Big Eyes?
Big Eyes is a community-run ecosystem with a cat-themed meme coin, $BIG. The project whose ICO is ongoing is breaking the monotony in dog meme coins to bring in cuteness and warmth.
Big Eyes is built on the Ethereum network and plans for multiple projects that will drive utility for $BIG. The project is building an NFT ecosystem where $BIG holders can buy collectibles and join the NFT Sushi Crew – a private club for its NFT owners to enjoy additional perks.
The bearish crypto markets present a satisfactory prospect for crypto adherents to look towards specific projects that could bounce back strongly. Polygon and Shiba Inu are some projects that are predicted to rebound after the downturn settles.
Already the Oryen project is up 200%, and holders are eligible for 90% APY – ranking Oryen among the best projects this year.
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