Oryen Network Shows Quality Projects Are Still Being Built On Smart Chain And PancakeSwap
DeFiLlama is an excellent research tool for investors. It provides visualized charts for the liquidity action within DeFi. Investors who observe where liquidity goes can capitalize early on.
The Binance Smart Chain represents the third largest ecosystem within DeFi and has more than five billion dollars locked in its smart contracts cumulatively. A dynamic new protocol, Oryen Network (ORY), will be the latest addition and joins a long line of quality protocols such as PancakeSwap (CAKE).
Oryen Network (ORY)
Oryen‘s decision to launch on Binance Smart Chain (BSC) shows its commitment to security and, above all, its target investor base. The Oryen protocol is a powerful wealth-building tool; launching on BSC has signaled to investors it is an inclusive protocol. The BSC is a faster and cheaper alternative to Ethereum and allows all levels of investors to interact with the protocol.
Oryen introduces its pioneering Oryen Autostaking Technic (OAT) system- a further security measure. This complex web of smart contracts ensures that the earning process is self-contained. Oryen directly stakes ORY from investors’ wallets and auto compounds yield within investors’ wallets. The result is a protocol paying out a market-leading rate, 90% APY, where the investment strategy has been boiled down into three steps: buy, hold, earn.
Binance Smart Chain (BNB)
BNB powers the BSC and is the token used to pay gas fees. Investors use BNB to purchase block space, and as the ecosystem evolved, this increased demand led BNB to appreciate. BNB initially launched in 2017 at $0.15 per token, and its meteoric growth proves its utility. The BSC remains one of the most secure chains within DeFi, and Binance’s rapid reaction to the most recent bridge exploit again displayed its commitment to the security of investors’ funds.
PancakeSwap (CAKE)
Anonymous developers launched this food-themed decentralized exchange (DEX) in 2020. PancakeSwap attracted vast amounts of liquidity and quickly established itself as the premier DEX on the BSC. PancakeSwap is a liquidity giant and provides CAKE to investors who provide liquidity to the platform. This liquidity enables low slippage and a more efficient trading experience. Additionally, users who time lock CAKE on the platform receive yield boosts for the core liquidity pools, bolstering demand for CAKE.
Closing Thoughts
The BSC remains the home of DeFi enthusiasts who want to explore and interact with an ecosystem without paying extortionate gas fees. Its commitment to security is unparalleled, and with Oryen and its sophisticated passive income stream, the BSC will see another surge of liquidity allocation.
Find Out More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
The post Oryen Network Shows Quality Projects Are Still Being Built On Smart Chain And PancakeSwap appeared first on Analytics Insight.
DeFiLlama is an excellent research tool for investors. It provides visualized charts for the liquidity action within DeFi. Investors who observe where liquidity goes can capitalize early on.
The Binance Smart Chain represents the third largest ecosystem within DeFi and has more than five billion dollars locked in its smart contracts cumulatively. A dynamic new protocol, Oryen Network (ORY), will be the latest addition and joins a long line of quality protocols such as PancakeSwap (CAKE).
Oryen Network (ORY)
Oryen‘s decision to launch on Binance Smart Chain (BSC) shows its commitment to security and, above all, its target investor base. The Oryen protocol is a powerful wealth-building tool; launching on BSC has signaled to investors it is an inclusive protocol. The BSC is a faster and cheaper alternative to Ethereum and allows all levels of investors to interact with the protocol.
Oryen introduces its pioneering Oryen Autostaking Technic (OAT) system- a further security measure. This complex web of smart contracts ensures that the earning process is self-contained. Oryen directly stakes ORY from investors’ wallets and auto compounds yield within investors’ wallets. The result is a protocol paying out a market-leading rate, 90% APY, where the investment strategy has been boiled down into three steps: buy, hold, earn.
Binance Smart Chain (BNB)
BNB powers the BSC and is the token used to pay gas fees. Investors use BNB to purchase block space, and as the ecosystem evolved, this increased demand led BNB to appreciate. BNB initially launched in 2017 at $0.15 per token, and its meteoric growth proves its utility. The BSC remains one of the most secure chains within DeFi, and Binance’s rapid reaction to the most recent bridge exploit again displayed its commitment to the security of investors’ funds.
PancakeSwap (CAKE)
Anonymous developers launched this food-themed decentralized exchange (DEX) in 2020. PancakeSwap attracted vast amounts of liquidity and quickly established itself as the premier DEX on the BSC. PancakeSwap is a liquidity giant and provides CAKE to investors who provide liquidity to the platform. This liquidity enables low slippage and a more efficient trading experience. Additionally, users who time lock CAKE on the platform receive yield boosts for the core liquidity pools, bolstering demand for CAKE.
Closing Thoughts
The BSC remains the home of DeFi enthusiasts who want to explore and interact with an ecosystem without paying extortionate gas fees. Its commitment to security is unparalleled, and with Oryen and its sophisticated passive income stream, the BSC will see another surge of liquidity allocation.
Find Out More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
The post Oryen Network Shows Quality Projects Are Still Being Built On Smart Chain And PancakeSwap appeared first on Analytics Insight.
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