Oryen Network Launches Next-Gen DEX and dApp During Presale, While Cardano and Shiba Inu Development Stalls

cryptonews.com:

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Oryen Network has achieved yet another milestone, adding its next-gen decentralized app (dApp) to its decorated ICO performance. The Oryen dApp features a decentralized exchange (DEX) facilitating permissionless token swaps on-chain.

While Oryen reaches new heights, most crypto projects remain stagnant or on a declining trajectory. The bearish markets have hit tokens hard, causing the overall crypto market cap to fall 20% in November alone. Projects that have stagnated include Cardano and Shiba Inu.

Oryen Network is a feature-packed DeFi protocol running on the Binance Smart Chain (BSC). The platform's prominent feature is its high-yield staking program that generates 90% guaranteed APY for investors. The high yield offers a ready and steady stream of passive income.

To sustain the high yields, Oryen deploys its custom auto-staking technology. This automated protocol generates crypto’s highest rewards regardless of prevailing market conditions. Also, the technology simplifies staking by allowing users to earn interest by simply holding Oryen’s native token, $ORY.

Further, Oryen’s architecture comprises a layer of tools that keep the project afloat and drive value appreciation for $ORY. One of the tools is the Risk-Free Value wallet which securely holds backup assets, including stablecoins and other liquidity assets. These assets are deployed during volatile market conditions to stabilize $ORY’s floor price.

Another tool deployed is Oryen’s rebase mechanism for token supply. The rebase technology raises or lowers the $ORY supply based on the environment. For instance, the token supply falls when more users sell $ORY. This way,