Oryen Network 90% APY Sustainable With Strong Protocol Model, Aave And Convex Can’t Match It


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DeFi returns have been one of the finest strategies for using your savings to generate additional yield over the past two years. Oryen Network appears to be in line to take the lead in sustainable APY, with a few well-known platforms also offering a rate that is “better than the bank.”

Aave (AAVE)

Aave brought permissionless crypto lending into the limelight. It’s still one of the strongest use cases for a DeFi protocol in the real world since it allows investors using cryptocurrency to collateralize quick access to loans. AAVE, the platform’s governance token, may be staked or lent to produce income. Utilization rates are low in the present bear market, indicating that there are too many lenders and not enough borrowers. As a result, the supply APY fluctuates and is often lower.

Convex Finance (CVX)

Convex Finance (CVX) is a cutting-edge DeFi system built on the Curve Finance (CRV) stablecoin exchange. Convex offers additional DeFi rates to CRV investors and Curve liquidity providers. This means that Convex Finance boosts Curve stakes.

By investing CRV on Convex rather than Curve for veCRV, investors receive higher profits. The term “veCRV” refers to the management-capable time-locked CRV. The greater the number of veCRV investors, the more their liquidity pool may be used to enhance CRV dividends.

If you use the maximum number of veCRV required for your deposited liquidity, the CRV incentives might be boosted by up to 2.5x.

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Oryen Network (ORY)

The token most likely to produce a positive, long-term yield over the next few years appears to be Oryen Network. The fixed APY of this initiative is intended to produce yield for token holders. Although a guaranteed rate of 90% is quite intriguing, however, some people might be concerned that this percentage cannot be sustained, and that’s why the team has dedicated an RFV (Risk-Free Value) wallet, which is intended to gather assets to support ORY token price, putting an end to the concerns of potential purchasers. Every trade will send a tiny fraction of the proceeds to this wallet, where they will be saved and kept in case market turbulence forces ORY to seek aid in maintaining stability.

The Oryen Network is receiving great attention due to the team’s ambition. Recently, it was rated as one of the top cryptocurrencies in 2022 by the Business2community.

Final thoughts

Oryen wonderfully encapsulates the finest DeFi—complex coding systems to provide holders with a simple and efficient product. The upside potential for this initiative is still astounding because it is leading with a set rate, which is uncommon in DeFi.

For more information:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.



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