The topic of staking in cryptocurrency is very important to investors, and most times it requires technical knowledge, time factors, risk-to-gain ratio, etc to ensure maximum returns hitch-free.
In DeFi, new opportunities emerge for trading and staking as the DeFi protocol, Oryen, and a decentralized exchange, GMX lead in creating a smooth user experience.
Oryen (ORY)
Oryen is a high-class protocol that has multi-functional capabilities responsible for an array of value-generating features to ensure an environment that is sustainable and predictable. OAT (Oryen Autostaking Technic) protocol, plays an important role by overseeing smooth functions such as automated staking, auto-compounding feature, rebase reward distribution, and a joint workforce with other features. Oryen provides quite an array of functionalities in DeFi.
In terms of sustainability, OAT provides a seamless experience through a special feature called RFV (Risk-Free-Value) wallet. To ensure that the holders of Oryen’s native currency, ORY enjoys a secured platform to help sustain the liquidity pool of Oryen. The RFV wallet is a special wallet that houses funds to support and stabilize the liquidity pool in event of a sharp sell-off.
The importance of a liquidity pool cannot be overemphasized, as it is basically money used for buying and selling ORY tokens. During a sharp sell-off, the liquidity pool tends to react in an unpredictable manner to help mitigate this. The RFV wallet, in other words, is a liquidity reserve. This feature is a game-changer that best combat cases of liquidation of assets. Darryl Boo, a crypto Youtuber and active investor share his profound excitement in his video review.
A closely related feature in terms of sustainability is Oryen’s very own treasury. The treasury serves as additional financial support to the RFV. In an extremely rare case of a price drop of ORY, the treasury will help to create a floor value for the token. The treasury is also responsible for the funding of many of Oryen’s products, services, and projects that will open new doors to more use cases for OAT and Oryen’s economy.
GMX – A Decentralized Exchange (GMX)
GMX is a decentralized exchange platform that facilitates peer-to-peer transactions and a 50x leverage on top cryptos when trading. Its native token, GMX shares the same ticker name as its exchange platform’s name. It is a utility-based token that assures 30% of the platform’s transaction fees.
Conclusion
Oryen brings into reality fascinating top-tier use cases of any protocol in DeFi. It is the ultimate wealth generator the crypto world needs.
Learn more here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io
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