Oryen Network reveals plans to develop DEX, similar to Meme Coins Shiba Inu and Big Eyes
Oryen (ORY), the latest digital token on the BNB Smart Chain, has the cryptocurrency community buzzing. From its initial offering to its current presale phase, the price of ORY has increased by an impressive 250%. Oryen is an ambitious project in its own right. One of its future goals is to create a decentralized exchange (DEX) on par with crypto heavyweights such as Shiba Inu (SHIB) and Big Eyes (BIG).
The Oryen project is improving the experience of earning passive income compared to other tokens already on the market. No matter what happens with the market, this project ensures a daily (ROI) rate of 0.177% or an annual yield percentage of 90%.
The project’s innovative Oryen Autostaking Technic (OAT) facilitates a fast rebase reward system that distributes incentives every 60 minutes, making staking both automatic and secure. This enables an hourly accumulation of gains within the wallets of ORY token holders. With OAT, token holders can stake right from their wallets, simplifying the staking process for new holders.
Two unique features bolster the OAT system. To begin, the Risk-Free Value (RFV) wallet can be used as a safety net in the event that the market causes the interest or the floor price of ORY to drop temporarily. The RFV also receives supplementary backing from the Oryen Treasury.
The project has impressive development plans in the pipeline, including the introduction of a DEX that could rival Shiba Inu and Big Eyes.
Shiba Inu (SHIB)
Like its forerunner Dogecoin, Shiba Inu is a dog-themed meme coin. The project developers’ goal was to make a canine-centric MMO where users could have a good time, meet new people, and make some extra cash. SHIB, the local currency, can be traded openly and is suitable for decentralized banking and investment use. To expand the platform’s utility, the SHIB development team introduced non-fungible tokens (NFTs) in the form of digital land parcels that users can mine with ETH or SHIB tokens equivalent to ETH.
Big Eyes (BIG)
In contrast to the canine focus of SHIB, Big Eyes is entirely dedicated to feline friends. The new meme coin BIG is based on the Ethereum network and has NFTs about cats. The platform’s creators are committed to issues like ocean preservation, minimizing carbon footprint, and equal education access. It has plans to give five percent of its token supply to non-profits that work toward these goals. Big Eyes’ ERC-20 token, BIG, does not have a buy or sell tax like many other meme coins, which could encourage more people to use it for transactions.
The bottom line
As two of the most successful cryptocurrencies available, SHIB and BIG demonstrate that their creators understand what it takes to manage a crypto community. In addition to the impressive 250% price increase during ORY’s ICO, early holders will also benefit from the eventual creation of a DEX.
For More Information:
Join Presale: https://presale.oryennetwork.io/register
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