The phrase “Bear-proof protocols” is frequently used by analysts and investors, but what does it actually mean? Only if a process continues to benefit investors in a declining market can it be considered really bear-proof.
While initiatives like Polkadot (DOT) and Chainlink (LINK) struggle, a new passive income generator called the Oryen Network (ORY) continues to deliver value and is not only surviving but prospering within the current bearish market.
Oryen (ORY) is setting a new standard for DeFi by putting their community first. It has refined the earning procedure into three steps: buy, hold, earn. This protocol is really a passive revenue generating machine. The entire procedure is self-contained within investors’ wallets due to the novel Oryen Autostaking Technic (OAT). With the help of the smart contracts created by Oryen developers, compounding and staking are both carried out automatically.
Oryen keeps offering value to investors, and as a result, draws more capital allocation. With the RFV (Risk-Free-Value) wallet, Oryen’s designers have gone a step further to safeguard investor funds in the case of a catastrophic market collapse. This unique wallet within the OAT serves as a liquidity reserve and may be utilized to stabilize the price of ORY incase of a sudden sell-off or other unanticipated occurrence. Oryen merits the title “bear-proof” as a result of being a potent wealth generating instrument and a project where creators have thought of every scenario.
This has resulted in ORY’s great recognition in the world of Crypto, with the Business2community considering it one of the best altcoins in 2022 and also getting great reviews from Steven Clarke, a well-known Crypto aficionado.
LINK has long been regarded as one of the pillars of the altcoin community and is one of the most well-known smart contract platforms in the crypto world. Analysts believe that there is still opportunity for growth and that, in the long run, the current pricing will appear to be a complete bargain.
The objective of Polkadot is integration. The initiative lays the groundwork for the decentralized web of the future. Polkadot has simplified the transfer of data and assets between its parallel network of parachains by constructing its relay chain.
However, other interoperability hubs like the Cosmos network pose a serious threat to Polkadot. Additionally, DOT is unable to establish a steady floor price, and it looks like Polkadot investors will experience further decline.
The world of decentralized finance is still merit based, and projects cannot be based solely on their prior successes. New projects are continually emerging, seeking to disrupt the current order, and Oryen is in the lead, brimming with possibilities.
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