BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Oryen Network (ORY), Fantom (FTM) And Polygon (MATIC) Are DeFi Cryptocurrencies With Favourable Futures

The post Oryen Network (ORY), Fantom (FTM) And Polygon (MATIC) Are DeFi Cryptocurrencies With Favourable Futures appeared first on Coinpedia Fintech News

The crypto market is teetering on the verge of a comeback. Some crypto luminaries, such as Binance founder “CZ” are expecting that the crypto market is about to decouple from the tech stocks. If he’s right, and crypto starts turning up while the rest of the markets continue their slide, then-current crypto prices provide an extraordinary opportunity to turn a small investment into life-changing wealth. 



Here are three crypto assets that would benefit greatly from crypto turning into a risk-off asset. 



Oryen Network — 90% APY on ORY



Oryen Network is a crypto staking platform that offers 90% APY on ORY tokens. While that sounds outrageous and risky, Oryen has come up with a way to assure that the price of ORY has a backstop. Essentially, the circulating supply of the token grows along with the treasury, which is funded by the token’s buy and sell fees. (Buyers pay 8%, sellers pay 12%.) 



Given a 90% APY, if you start with 1 million $ORY, after a year, your balance will be 1.9 million $ORY. After five years, it will compound to 24 million ORY. After ten years, it will balloon to over 600 million ORY. To adjust the token supply, the platform uses a complex set of factors, including game theory and codified investment psychology, to predict the habits of buyers and sellers. The best part about Oryen is that it’s simple. ORY tokens are automatically staked, and interest is automatically airdropped to the holder’s wallet. 



Oryen Network is currently hosting an ICO. And as you can imagine, there’s no better time to get in on a project like this than prior to launch. Presale investors purchase ORY at a discount and are immune to the 8% tax. The launch date for Oryen Network is 30th December 2022. 



Fantom (FTM) And Polygon (MATIC)



Fantom and Polygon are layer-1 and layer-2 blockchains. Fantom (FTM) is often referred to as an “Ethereum killer,” while Polygon (MATIC) is a scaling solution built on top of Ethereum. Thus these two assets make a good addition to a balance altcoin portfolio. Both assets have fast-growing user bases, both appear to be putting in a double bottom on the weekly chart, and both are coming out of the oversold territory on the daily chart. If FTM can rise to its next resistance level of $1.33, it could provide holders with a 5X return over the next bull run. And Polygon analysts are looking for MATIC post 2X return before the end of the year. 



Keep in mind, however, that both FTM and MATIC can come with extreme volatility and are not investments for the faint of heart. You either need to be an experienced swing trader or a hodler if you’re going to take a risk on these assets. While ORY is not a swing trading token, the ORY treasury has a constant source of income that should greatly reduce risk and volatility for long-term holders. 



Join Presale: https://presale.oryennetwork.io/register Website: https://oryennetwork.io/ Telegram: https://t.me/OryenNetwork Discord: https://discord.com/invite/jSvaXmb2cB Twitter: https://twitter.com/oryennetwork



Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Oryen Network (ORY), Fantom (FTM) And Polygon (MATIC) Are DeFi Cryptocurrencies With Favourable Futures


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News



Dokky PRO - Bookcase Shop Script