The year 2022 has been quite a roller coaster ride so far. The cryptocurrency markets have been incredibly volatile, with prices swinging wildly weekly.
One of the smart ways to benefit from the current market conditions is to glimpse into a diversified portfolio of cryptocurrencies, where Oryen (ORY), BNB, and Spookyswap (BOO) may be worth looking at.
Oryen (ORY) is an innovative staking protocol that has just begun its ICO presale. However, the initiative is already gaining worldwide attention, indicating its enormous potential.
Oryen offers a simple staking method where users simply need to buy ORY tokens, hold them, and enjoy the staking returns. This is a win-win situation for the protocol and the user, as securing assets within Oryen Network contributes to $ORY’s long-term price stability.
In return for support within the Oryen Network, holders of the $ORY token get a pro-rata portion of Oryen’s daily rebases and governance rights over how the protocol evolves.
OAT (Oryen Autostaking Technic) provides a daily ROI of 0.177% on any acquisition for an annualized return of 90%. Because the rates are fixed, depositors can count on earning nearly twice as much interest regardless of how the market performs.
Binance exchange’s native cryptocurrency BNB was introduced In 2017 and quickly gained popularity among investors. BNB was developed as a utility token for lower trading commissions, but since then, various apps on different platforms have started supporting it.
To limit its total supply to 100,000,000 BNB, BNB employs an Auto-Burn technology. The BNB Auto-Burn mechanism regulates the quantity of BNB that will be burnt dependent on the price of BNB and the number of blocks created on the BNB Smart Chain (BSC) throughout the quarter. This provides the BNB community with more transparency and predictability.
Another excellent utility that the BNB token holds is the staking possibility. Users can stake BNB tokens and earn greater returns.
As the Fantom Opera network’s native decentralized exchange (DEX), SpookySwap has increased in use and popularity in 2021. The platform offers consumers a selection of direct transaction alternatives and serves as an automated market maker (AMM) and DEX. It also suggests a variety of stablecoin pairings and all cryptocurrencies supported by Fantom.
At Spookyswap, users can add liquidity, letting them earn 0.2% swapping fees from the pairs they’ve provided.
For More About Oryen:
Join Presale: https://presale.oryennetwork.io/register
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