Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Understanding fundamentals and tokenomics will help an investor make profitable picks. But what investors really must follow is narratives. Alternative layer one protocols defined the last bull market. The narratives for the next bull market are passive income, trading leverage, and interoperability.
Oryen Network (ORY), Synthetix (SNX), Polygon (MATIC), and Cosmos (ATOM) trade at a heavily discounted price, and investors who buy now will see extraordinary profits in 2023.
Coming in first is Oryen. Oryen pays out a fixed rate of 90% APY delivering the highest stable returns within DeFi. The protocol manages this through the utilization of its OAT (Oryen Autostaking Technic) system. As the name suggests, Oryen auto stakes ORY directly from users' wallets, creating a secure and straightforward earning procedure. But the OAT does so much more.
It channels capital through smart contracts to add depth to the liquidity pool, develops the treasury, and builds a liquidity reserve wallet known as the RFV (Risk-Free Value). Oryen has distilled the earning process into three steps: buy, hold, and earn. This passive income machine remains relatively unknown and will explode when the market fully understands its value.
Synthetix utilizes decentralized oracle feeds to import external price data into its smart contracts. This allows investors to mint synthetic assets (synths) on the platform tracking the price of real-world assets. SNX, the native token, is used to mint these synths and, as such, will experience increased demand the more popular the platform grows. Investors can also mint inverse synths to short the market. Synthetix
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