Building a diversified portfolio ensures maximum return on investment (ROI) from an array of high-potential crypto projects. A proactive action, top-gaining investors employ is the early seeking of realistic and note-worthy use cases of a crypto project in terms of value and perks.
Quite recently, a particular crypto project is refining the traditional perspective of staking through an extraordinary protocol. Oryen is a top option and has been dubbed one of the best cryptos for your portfolio by various crypto communities, alongside Shiba Inu and Cardano.
Oryen (ORY): Staking Just Got Easier
Oryen is built on innovative concepts that stem from the sole aim to bring value to investors through automated features and simplistic earning processes. To ensure a smooth user experience, Oryen employs its unique financial protocol, OAT or Oryen Autostaking Technic. The OAT protocol facilitates the operations of Oryen and it works closely with other features to ensure a sustainable ecosystem that assures predictable yields.
OAT offers a fixed APY to the holders of ORY (Oryen’s Native Token) at an interest rate of 0.177% daily or with a compounding 90% annually. APY or Annual Percentage Yield measures the rate of return in real-time on the number of your principal tokens whilst taking account of the effect of compounding interest.
Through Oryen, your ORY tokens which represent your principal and the compound interest gained are added periodically on every rebase period (which is every 60 minutes, daily). As a result, the new principal amount is then the current Oryen token amount. Ultimately the total amount is what gets calculated and structured for your next rebase rewards.
Jim Crypto, a crypto Youtuber, and investor shares his perspective on the uniqueness of Oryen, in his video review. An interesting fact about APY is that your balance will grow exponentially over time. The power of compound interest is assured via Oryen.
Shiba Inu (SHIB)
Shiba Inu is a meme cryptocurrency that was created in August 2020 by an anonymous person or group of persons under the pseudonym, “Ryoshi”. The ‘dogecoin’ rival has its own DEX (Decentralized Exchange) called ShibSwap that facilitates exchanges of different crypto assets among traders. Its native currency, SHIB is a tradable crypto asset and a store of value to its holders.
Cardano is a blockchain platform that operates on a proof-of-stake consensus with the aim of providing an ecosystem for builders, innovators, etc, to achieve digital and global transformation. The open-source platform empowers everyone to achieve a fair and transparent means to create value. ADA, its native token is a governance token that allows holders to vote on future changes to the platform and it can be exchanged via peer-to-peer transactions. ADA was given its name after the 19th-century mathematician, Ada Lovelace.
Oryen reaffirms the possibility of passive income that is assured in a continuous and never-ending manner. The prospect of wealth creation is actualized through Oryen’s functionalities.
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