The DeFi market is highly speculative, with many projects failing to live up to their expectations. This is especially true for projects with a lot of hype around their ICOs but fail to deliver on their promises.
However, other projects have managed to pass audits and community growth tests and proved to be worthy contenders for investment.
Oryen Network is one such project that passed audits and community growth tests. The uncertain market has attracted many investors looking for reliable investments in DeFi projects like Oryen Network.
According to Business2Community, Oryen Network is one of the top ten DeFi coins to purchase in 2022.
Shiba Inu
Shiba Inu is a popular decentralized cryptocurrency token built on the Ethereum blockchain. The token comes from the popular Dogecoin meme. The token has shown consistent growth in the current volatile market.
The token is primarily a medium of exchange and a store of value. Moreover, it is used in rewarding content creators and meme makers through token rewards.
Binance Coin
Binance Coin (BNB) is a crypto token issued under the crypto exchange Binance. It helps in facilitating trading fees on the Binance blockchain. Moreover, it is applicable in buying and selling various digital assets.
In addition, Binance coin offers an alternative option for investors looking to diversify their portfolios. Binance pulled out of the FTX controversy, thus causing a ripple effect in the crypto market and causing its prices to surge.
Oryen Network
It is hard to find a crypto project operating at the same level as Shiba Inu and Binance Coin in the current market. However, it doesn’t mean that other DeFi projects are struggling.
One success story for DeFi projects is Oryen Network. It is a decentralized staking platform that makes it easier for users to stake assets and earn passive income. It is built on the Binance smart chain.
Oryen Network offers constant payouts through its ecosystem to ensure users earn daily rewards in their wallets after every 60 minutes.
Through its Oryen Autostaking Technic, users earn a guaranteed daily token distribution at an interest rate of 0.177%. Moreover, it features an annualized return of 90% if users decide to stake their tokens.
Jim Crypto, one of the top crypto analysts in the market, recently talked about the DeFi project in his recent video review.
Closing Thoughts
The cryptocurrency market continues to see sustained growth, leading to increased confidence on the part of investors. Oryen Network is a decentralized financing platform that has improved its reputation since its ICO to attract more investors.
Learn more here:
Join Presale: https://presale.oryennetwork.io/register Website: https://oryennetwork.io/
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