As the world increasingly turns to cryptocurrency, investors are looking for the next big thing. This article will discuss Oryen (ORY), which is expected to overtake BitTorrent (BTT), Basic Attention Token (BAT), and Stepn (GMT) in the top 100.
ORY is a new player in the cryptocurrency world, but it has already made a big splash. The ORY token is the native token of the Oryen network, a decentralized platform designed to make the staking surprisingly simple that will let $ORY token holders generate the most reliable returns.
What Is Oryen (ORY)?
Oryen is a new rebase token that intends to develop a decentralized system in the DeFi industry. Using a favorable rebase algorithm, Oryen OAT enables holders of $ORY to continue accumulating tokens, similar to a typical staking method but with a more straightforward approach.
The abbreviation OAT stands for Oryen Autostaking Technic. It employs the Buy-Hold-Earn function, a simple yet cutting-edge mechanism that provides optimum use for $ORY holders.
The Oryen Network enables daily token distribution proportional to daily rebase incentives, equal to 0.177% of the total quantity of tokens in your wallet. Each cycle of 60 minutes, all $ORY holders get rebase incentives. Therefore, Oryen investors get a fixed 90% compound annual return without touching their tokens.
Experts at DeFi expect this innovative concept to set a new standard for the industry and bring $ORY new highs.
BitTorrent is a well-known P2P protocol for torrenting and file sharing that has become more decentralized in recent years. BitTorrent was made accessible for the first time in July 2001, and blockchain platform TRON acquired it in July 2018. Since its acquisition, BitTorrent has introduced several new features, and in February 2019, it developed a native cryptocurrency token called BTT.
Basic Attention Token (BAT)
A new blockchain-based digital advertising network, Basic Attention Token, or BAT, aims to compensate consumers for their attention and give advertisers a greater return on their ad expenditure. In this advertising ecosystem, users, publishers, and advertisers all trade Basic Attention Tokens, which serve as the incentive currency.
Advertisers use BAT tokens to finance their promotion campaigns. A tiny portion of this capital is allocated to advertisers, while the remaining 70% is assigned to users, boosting cost-effectiveness by removing the mediators that usually increase advertising expenditures.
By encouraging millions of customers to adopt healthier lives, STEPN aims to revolutionize the fitness application industry. The program handles concerns like “proof of movement” and a working GPS. STEPN compensates users economically, attempts to include social incentive elements, and successfully contributes to carbon neutrality.
As the world of cryptocurrency continues to evolve, it is clear that a few front runners are emerging as leaders in the pack. Oryen Network is one such company expected to see significant growth in the coming months. With a strong foundation and a clear vision, Oryen is poised to take over the top spot from BitTorrent (BTT), Basic Attention Token (BAT), and Stepn (GMT).
Learn More About Oryen:
Join Presale: https://presale.oryennetwork.io/register
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