Oryen Network Will Beat The Bear Market That Is Destroying Polkadot And Xrp Price – CryptoMode

Bear-proof protocols. Investors and analysts often throw this term around, but what does it mean? A protocol is only truly bear-proof if it can continue to provide investors value through the bear market. 

A new passive income machine, Oryen Network (ORY), continues to provide value and is not only surviving the bear market but thriving within it, while projects like Polkdadot (DOT) and Ripple (XRP) suffer. 

Oryen Network (ORY)

Also Read: Bonds.org: Game-changers in Cardano Decentralized Lending

Oryen leads a new standard within DeFi and puts its community first. This protocol truly is a passive income machine, and Oryen has finetuned the earning process into three steps: buy, hold, earn. Thanks to the innovative Oryen Autostaking Technic (OAT) system, the entire process is self-contained within investors’ wallets. Both staking and compounding all happen automatically, thanks to the smart contracts developed by Oryen developers. 

Oryen continues to provide investors value and, as a result, attracts increasing capital allocation. Oryen’s developers have even taken additional steps to protect investor capital in the event of a severe market downturn with the RFV (Risk-Free Value) wallet. This separate wallet within the OAT functions as a liquidity reserve and can be used in the event of a sharp sell-off or black swan event to stabilize ORY’s price. A powerful wealth creation tool and a project where developers have planned for all eventualities mean Oryen deserves the title of bear-proof.

Polkadot (DOT)

Polkadot aims at interoperability. The project creates the foundations for the future decentralized web. By developing its relay chain, Polkadot has facilitated the movement of information and assets between its parallel network of parachains.

However, Polkadot features fierce competition from rival interoperability hubs such as the Cosmos network. Additionally, DOT fails to find a stable floor price, and it appears more downturn is imminent for Polkadot investors. 

Ripple (XRP)

Ripple remains embroiled in its legal proceedings with the Securities and Exchange Commission (SEC). On top of this, it faces additional competition from projects like Stellar and multiple DeFi projects utilizing stablecoins to facilitate international transfers of value. 

Ripple allows investors to make cross-border payments at low cost and in real time. It is vastly superior to the SWIFT model, which dominates international transfers within TradFi. However, for Ripple to succeed, it must outshine its competition and come out ahead of the SEC, both of which are extraordinary demands.  

Closing Thoughts 

The decentralized finance world remains meritocratic and projects cannot exist on their past achievements. New protocols are constantly rising, looking to challenge the established order, and Oryen is full of potential.

Find Out More Here:

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

Website: https://oryennetwork.io/

Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

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