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Writer's pictureConnie Chan

Generate Income By Simply Holding Oryen Network (ORY), Binance Coin (BNB) And PancakeSwap (CAKE)


The dream of anyone is to be able to generate passive income from investments. Usually, this is limited to those with a large amount of capital. However, with cryptocurrency and these highlighted coins in particular, it becomes accessible to everyone.


Oryen Network $ORY


Oryen Network is a newcomer to the yield token game. Simply by holding $ORY tokens in your wallet, you will be able to gain a fixed 90% APY on your investment. Alongside this attractive interest rate, the team has a number of wallets dedicated to creating a base price for the Oryen token, a perfect way of combatting the inflation effects and stabilizing the price.

These wallets are fed from the trading fees on $ORY, meaning sellers will actually assist with propping the price up.


Oryen Network is currently in the presale phase, so this would likely be one of the best times to buy into the project before launch, with cryptocurrency presale buyers generating the biggest returns historically.

This ingenious system will be very interesting to watch and develop over the coming months.

Binance Coin $BNB


Binance Coin is already very well known in the industry, being on the top 10 list by market cap for a considerable time already. Being the main token of both the Binance exchange and Binance Smart Chain has given considerable exposure for $BNB to investors from around the world.


With buyback and burns being applied regularly by the Binance exchange team, the price has held considerably better than other cryptocurrencies during this bear market period.


This is great for those currently using the Binance staking platform, which gives out APRs of 7% and more on $BNB. This is considerably better than the traditional finance rates you would expect to be offered by banks!


PancakeSwap (CAKE)

PancakeSwap is the largest decentralized exchange (DEX) on the Binance Smart Chain, with the highest average volume on the network since its inception.


$CAKE, PancakeSwap’s native token, allows users to gain revenue share from users of the DEX simply by staking these tokens. This is a fantastic way of having income as it is generated from a product that will likely continue to be used for the foreseeable future.


Conclusion

There are multiple different ways to generate income within the world of crypto, but we feel these will likely generate the best returns for those seeking a place to allocate their capital.


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Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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