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Oryen Network APY is sustainable but still better than Uniswap and Pancakeswap

Disclaimer: The following text is a press release and does not form part of the Cryptonews.com editorial content.

Uniswap is a decentralized crypto exchange running on the Ethereum network. Its native governance token is UNI. Today, Uniswap has become a major player in the world of exchange trading. Before the introduction of this DEX, decentralized trading was extremely inefficient. However, its launch changed the game forever. Today, millions of people worldwide use Uniswap. You don’t need to use any third-party service to transact business.

Uniswap has been around since 2018 and has grown into one of the top projects on Ethereum. The platform is open source, which means anyone can make a copy of the project. Users can even list tokens on the platform without paying a third party listing fee.

A major benefit of using Uniswap is that users remain in full control of their funds. Because it’s decentralized, everyone has complete control over their private key. The importance of the issue was highlighted recently by the collapse of the FTX exchange. So far, these trader losses amount to billions of dollars. Some economists point out that this could trigger a global recession. Consequently, Uniswap users enjoy some of the best security in the world.

Another notable platform is Pancakeswap, which runs on the Binance Smart Chain. Like Uniswap, it is based on blockchain. Therefore, no third party controls the operation on the platform. Because it runs on the Binance Smart Chain, it tends to be faster than projects on Ethereum. Users enjoy the same level of security as Uniswap users since nobody controls their private keys.

Earn money with Uniswap and Pancakeswap

Both Uniswap and Pancakeswap have native tokens named UNI and CAKE, respectively. Holders of these tokens can generate passive income through staking and yield farming. In general, one has to lock one’s tokens for a while in order to receive dividends.

However, the payouts for UNI and CAKE are unpredictable. They have wild fluctuations, making it difficult to know what to earn from their long-term holding of the tokens. For example, the APY of CAKE and UNI can go up to 80% but fall to just 3% the next day. Consequently, they are only a sustainable way to generate passive income if you invest incredibly heavily.

Oryen Network APY is different

Unlike UNI and CAKE, those who stake Oryen Network ORY tokens will receive a fixed APY of 90%. This is the highest APY in the DeFi sector so far. It also means it’s a sustainable activity where you can start with a small amount and watch it grow over time.

Not only is the Oryen network high, but it also uses a unique mechanism that ensures stakers retain full control over their private keys. All ORY tokens remain in stakers’ wallets. Once they stake their coins, rebase rewards are sent to their wallet addresses every 60 minutes. It’s an improvement over the 8 hours common to other staking protocols.

For more informations:

Join the presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers

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