Fiat currencies are penalized by works of inflation and degradation of value. For instance, the USD lost its value in 1971 when President Nixon took the dollar off the gold standard. Before former President Nixon lifted the standard, the United States dollar’s value was governed by the Bretton Woods agreement. President Nixon’s standard lift gave central banks unimaginable power to print cash from thin air. 

This move over-circulated fiat currencies making their demand limited. Since then, the prices of real assets have become more expensive. Investors prefer to store their funds in the virtual economy to counter the impact of inflation, earn yields, and enjoy the beauty of decentralization. This is what the newest DeFi protocol on the Binance Smart Chain network offers investors. The Oryen network’s tokenomics are solid and in hot pursuit to outperform industry leaders Solana and Avalanche. 

Solana and Avalanche ecosystems

Solana’s ecosystem was designed to counter all Ethereum defects. The ecosystem offers the fastest speeds on the internet as well as low transaction speeds. SOL, the native cryptocurrency of Solana, has been doing very well in recent years before the 2022 bear market, reaching highs of $259 per SOL coin. Solana’s ecosystem has become the second-largest smart contracting infrastructure after Ethereum. Like Ethereum, Solana offers an open-source platform where developers can build DApps and run smart contracts. 

Solana also mimics Ethereum in bringing the world of NFTs to its network. Just recently, a Degenerate APE Non-Fungible Token sold for more than 1 million dollars, shocking netizens. The NFT also became the first million-dollar NFT sale on Solana. All these attributes indicate huge efforts by the Solana team to improve its ecosystem and make SOL great.

Avalanche is also one of the top-performing ecosystems and a competitor to the largest smart contracting platforms, Ethereum and Solana. Like Solana and Ethereum, the platform is an open-source virtual ecosystem that offers smart contracts to run transactions on the network. Avalanche’s native token, AVAX, is a hot crypto for investors reaching highs of $134. However, the price has since degraded to lows of $13 per AVAX coin.

Oryen, the future of decentralization

Oryen network is an emerging DeFi protocol set to outperform Solana and Avalanche through staking returns and decentralization. Although Ethereum, Solana, and Avalanche are great projects, they are not entirely decentralized. For instance, when Binance suffered a vulnerability hack, it halted all transactions, something that DeFi cannot centrally control. Oryen is the best bet for investors looking to take advantage of the incoming bull run. The project is currently on presale, as highlighted by Steven Clarke. Take advantage of the low prices now before whales jump in ahead of you.

For More Information:

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

Website: https://oryennetwork.io/

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