DeFi remains an interwoven economic sphere, and thanks to blockchain’s natural transparency, the flow of capital between projects can easily be seen. For example, a new passive income protocol, Oryen (ORY), has seen an influx of investment from Tamadoge (TAMA), Big Eyes Coin (BIG), and Shiba Inu (SHIB) holders.
Oryen delivers a new standard to DeFi. This community-driven project pays out an astounding 90% APY, and on top of this, the rate remains fixed forever. Oryen provides this incredible rate thanks to its OAT (Oryen Autostaking Technic) technology.
Oryen processes all the complicated elements on the back end and delivers a simple buy, hold, and earn process to investors. Auto-staking means Oryen is one of the market’s most straightforward passive income strategies, and with hourly rebases, investors begin to earn as soon as they invest. In addition, Oryen’s auto-compounding function allows the incredible APY with investors’ yield compounded multiple times daily- enabling exponential growth. It is easy to see why DeFi enthusiasts are targeting ORY, and crypto analysts expect the project to see massive growth driven by its simple approach to wealth creation.
TAMA is the deflationary currency at the heart of the Tamaverse. This project represents a meme coin packed with utility. Inside the Tamaverse, investors can breed, battle, and care for NFT Tamadoge pets. This play-to-earn model allows those that have successfully raised their pets to fight against other players for a chance to rise through the ranks and be awarded a portion of the monthly TAMA prize pool.
Big Eyes Coin (BIG)
Big Eyes Coin is another project driven by NFT technology, aiming to become a top ten NFT project. This project will donate 5% of its total supply to charity helping ocean sanctuaries and has already raised more than $6 million in funds. With a listing on a top-tier centralized exchange already secured, BIG holders bide their time waiting.
Shiba Inu (SHIB)
Branded as the ‘DOGECOIN KILLER,’ Shiba Inu showed the world that investors must take meme coins seriously. ShibaSwap is a decentralized exchange and the economic engine of this protocol. Here holders can stake SHIB and the other two native tokens, BONE & LEASH, to generate passive income. As a result, SHIB made a legendary rally throughout 2021, and many suspect that it will go on to make a repeat performance in 2023.
On-chain analysis remains a gift that investors should utilize. It is obvious why these holders are targeting Oryen, touted by analysts to be one of the best launches in 2022.
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