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What will be the next big cryptocurrency? This is a question coming to many investors’ minds. With the explosive growth of Bitcoin and Ethereum, it’s hard to imagine anything else having the same impact. However, a few cryptos have the potential to revolutionize the market similarly.
One is Oryen Network (ORY), which is currently undergoing a three-staged ICO presale where users can join and grab coins at the lowest costs. Together with Nexo (NEXO) and Litecoin (LTC), ORY is shaping into a new groundbreaking project the DeFi industry has been craving for so long.
Oryen Network (ORY)
Oryen Network (ORY) is a new kind of decentralized startup that enables users to stake and receive rewards safely and efficiently. The network stakes tokens directly into clients’ wallets by implementing the OAT scheme.
OAT, which stands for Oryen Autostaking Technic, is a smart contract code-based system that assures users get staking incentives automatically, 24 times a day. These incentives account for a static APY of 90% – the market’s highest fixed rate presently available.
When a transaction occurs, a small tax is levied. This tax goes into the liquidity pool, treasury, and RFV wallets, which ensures that the Oryen Network can always pay out the highest APY, regardless of market conditions.
RFV, or Risk-Free Value wallet, is a distinct wallet in the OAT system that accumulates resources to sustain and stabilize $ORY’s price.
The enthusiasm around the project has already placed the price at $0.075, and as the first presale phase clock is already ticking, investors are rushing to fill their bags.
Nexo (NEXO)
Nexo (NEXO) is a well-known centralized lending platform for crypto assets. Its purpose is to enhance crypto users by providing an additional layer of usefulness for their digital assets.
Nexo enables customers to borrow money or stablecoins by using their cryptocurrency holdings as security. Users may get a quick cash loan in USD or EUR by depositing compatible cryptocurrency coins and tokens into a Nexo wallet.
Litecoin (LTC)
Litecoin (LTC) is a Bitcoin altcoin developed in 2011 due to a split in the Bitcoin source code. This makes it one of the earliest cryptocurrencies in existence. Litecoin was founded to cover transactions that were too tiny to be economically feasible on Bitcoin. Thus, the greatest difference between the two currencies is block generation time. The average time to produce a new block in Litecoin is 2.5 minutes, while it takes 10 minutes in Bitcoin.
The Bottom Line
When it comes to Oryen Network, time is of the essence. Launch day is approaching, and ORY is getting heated up to take off, just like NEXO or LTC did.
Learn More About Oryen:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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