90% APY On Oryen Network Better Capital Efficiency Than Maker Or Pax Gold

The post 90% APY On Oryen Network Better Capital Efficiency Than Maker Or Pax Gold appeared first on Coinpedia Fintech News

With the rising trend of Decentralized Finance (DeFi), more platforms compete for users’ attention and capital. Oryen Network (ORY) offers one of the highest Annual Percentage Yields (APYs), set at 90%. The project enters the industry as a more capital-efficient investment than Maker (MKR) or Pax Gold (PAXG), making it a more attractive option for yield-seeking investors.

Oryen Network (ORY)

Oryen Network (ORY) is an initiative of highly focused, motivated, experienced, and community-driven people that concentrates on giving simple, straightforward, and uncomplicated ways for rewards to crypto enthusiasts. 

The innovative OAT technology, which stands for Oryen Autostaking Technic, is Oryen’s main selling feature. Aside from simplicity, the OAT system offers the highest fixed 90% APY in the market, rebasing prizes every 60 minutes at a fixed interest rate of 0.00733%, 24 times a day, and a simple buy-hold-earn mechanism that fills up the wallet quickly and securely.

Overall, built on the Binance Smart Chain (BEP20) Blockchain, Oryen Network represents a new advance in web 3.0, which will launch by the end of 2022. Until December 30, investors can join the presale and grab a bunch of ORY tokens at the lowest possible price.

Maker (MKR)

Maker (MKR) is a governance token that facilitates the creation and management of the DAI stablecoin. MakerDAO and Maker Protocol are Ethereum-based decentralized organizations and software platforms. 

MKR tokens do not pay rewards to their holders, but they do offer them voting rights over the Maker Protocol’s growth. They are projected to appreciate proportionally to the performance of DAI. MKR tokens function as a voting share for the company that controls DAI.

Pax Gold (PAXG)

Gold has been used as a store of wealth and a medium of trade for thousands of years and continues to be successful now. However, for most investors, gold ownership is complicated and unattainable. PAX Gold (PAXG), on the other hand, has established a way to mix cryptocurrencies with genuine gold holdings, making it appealing to investors used to traditional alternatives. 

Paxos Gold is a cryptocurrency backed by physical gold reserves owned by Paxos, a New York-based for-profit firm. PAX Gold enables users to exchange, stake, or exchange their tokens for premium gold bars.

Users can deposit their PAXG into the custodial lending platform, with the current earning rate being around 6% APY. Different lending providers can vary, but unlike Oryen, staking in Pax Gold is much more complicated.

Final Thoughts

Overall, When it comes to yield and capital efficiency, Oryen Network (ORY) definitely offers more than Maker (MKR) and Pax Gold (PAXG). With a higher APY, simple staking solutions, and an experienced team, Oryen Network provides users with a better way to earn and grow their capital.

Learn More About Oryen:

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

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