SPONSORED POST*
Decentralized Finance (DeFi) coins have become a popular investment choice in the crypto world. They are easy to understand and offer real-world utility. DeFi projects enable access to mainstream financial services without using an intermediary. Users of DeFi platforms can borrow, save, lend, and trade their tokens without third parties. As a result, they have risen in popularity. With so many options out there, it can be challenging to find the right one.
Summary
Popular DeFi Platforms
One of the most popular DeFi platforms is Uniswap, whose native token is UNI. The Uniswap platform runs on Ethereum. A DEX (decentralized exchange) that makes it easy to buy and sell crypto without a third party. While it was not the first decentralized exchange, it was the first to introduce a new model where users are incentivized to maintain liquidity pools of crypto for others to buy and sell.
Uniswap has sometimes posted trading volumes that rival those of centralized exchanges. The exchange makes it possible to achieve Satoshi’s vision of a financial system free of centralized control.
Another popular DeFi platform is Tamadoge, whose native token is TAMA. Tamadoge was designed as a play-to-earn metaverse where players care for virtual dogs to earn rewards. If the Tamadoge pets are not cared for, they become Tamaghosts.
Each virtual dog on Tamadoge is an NFT, which means you can sell it on secondary markets. The better you nurture it, the more it is worth. The platform thus comes with a coin, NFT, and games. With such a bold take on the metaverse, TAMA tokens are likely to continue rising in value.
Oryen Token Pulls Ahead
While Tamadoge and Uniswap have been doing well for their communities, they have reached their peak. Right now, making much money trading UNI or TAMA tokens is impossible. However, the $ORY tokens of the Oryen Network DeFi project offer huge opportunities.
The Oryen Network is designed as a project with a fixed APY of 90%. That is the highest fixed APY of any DeFi project. Using a fixed figure means holders of $ORY tokens can calculate their future rewards without checking daily AP to get an average. To achieve this APY, the developer team put in a lot of research and effort.
To receive rewards, token holders only need to hold tokens in the risk-free value wallet. It means that they do not have to give up ownership of tokens and place them in a smart contract. Thus far, the $ORY tokens are in the presale phase.
The tokens, which run on the BNB chain, have seen their value rise by 120%. That is quite significant, even in the DeFi sector. Most projects only see their value rise after launch. It proves that $ORY tokens could be one of the best DeFi investments in a long time.
Besides the huge price gains, Oryen Network qualifies as one of the best DeFi projects due to its ease of access. Staking is often complex, but $ORY token developers have simplified the process significantly. Combined with the awesome APY, Oryen Network surpasses Uniswap and Tamadoge in terms of the best DeFi project.
Summary
While DeFi is expected to perform well, not all projects will achieve this awesome performance. Choosing $ORY tokens as the entry point into DeFi is a choice that will pay off quite well.
For More Information:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
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