Utility-Rich Oryen Network resonates with Shiba Inu and Terra Luna holders – Early backers see 200% profits

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In the wake of several high-profile Decentralized Finance (DeFi) protocols launching on the Binance Smart Chain, a new project called Oryen Network has garnered attention for its rich suite of utility features and auto-staking solutions.

The network provides a seamless experience for users and resonates incredibly well with Shiba Inu and Terra Luna. What makes Oryen unique?

Fundamentals of Oryen Network

With its cutting-edge staking solutions, Oryen Network has revolutionized the DeFi market. Oryen Autostaking Technic, or OAT for short, is the foundation of the Oryen Network and provides significant hourly rebasing incentives of 0.00733%, compounding a fixed 90% yearly payout.

OAT smart contracts stake rewards directly through users’ wallets rather than sending tokens in the specified pool or locking them on the exchange. This not only increases the safety of investor funds but also makes staking easier for new users.

Oryen team believed utility is key to large-scale adoption and long-term success. Thus, besides staking, $ORY, the native token of Oryen Network, can be used for several purposes within the network.

For instance, Oryen PLAY is a new function that will let users gamble their tokens without risking their funds on the potential of winning large prizes. The Oryen NFTs, mobile app, cross-chain integration, merchandise, and many more features are also on the horizon.

The ultimate objective is to refrain from attempting to develop everything in-house but instead to engage in partnerships that enable the protocol to generate many utilities rapidly.

Investors seeking a stable return on their ORY token investment have helped Oryen raise $1,000,000 in its fourth presale stage. The fifth phase has begun, and the new price is $0.15. This gives us a 200% price surge from the initial rate, an accurate success indicator for the project born only weeks ago.

Can SHIB reach $1?

Shiba Inu (SHIB) is an Ethereum-based currency designed to compete with Dogecoin (DOGE), the dominant meme coin. With a total supply of one quadrillion, SHIB is intentionally abundant in contrast to Bitcoin, which is supposed to be scarce. This fact has become the main reason SHIB is sinking.

To achieve anywhere near a $1 price, Shiba Inu would require a market valuation of almost $500 trillion, which is more than the market caps of all the world’s largest companies and the yearly GDPs of the world’s leading economies combined.

SHIB’s burn portal and several one-time burning events have slightly helped SHIB recover. However, the rate is still low, and the SHIB army would need to burn SHIB for hundreds of years to get to $1.

Is Terra Luna a good choice?

In 2019, Terraform Labs launched two new cryptocurrencies: the Terra USD stablecoin and the Luna coin. The TerraUSD (UST) stablecoin was pegged to LUNC to maintain price stability. USTs were produced by burning LUNA, and LUNA could also be exchanged for USTs.

But in May of 2022, Terra lost its peg to USD, and Luna’s value fell by 99% in just two days. Previous Luna tokens were renamed Luna Classic when a hard split on the Terra network released Terra 2.0.

The coins’ value has yet to return to pre-devaluation levels as of November 2022.

Final Takeaway

Oryen Network is a stable and solid investment option with a professional roadmap, a well-crafted whitepaper, and proper tokenomics. The project is equipped with all the essential features to succeed. And as its Solidproof audit report suggests, ORY is here to provide a flawless and accessible staking experience to any background investor.