When market conditions look bleak, one of the most reliable ways to make money in cryptocurrency is through passive income. While we wait for the next bull run, how hard is your portfolio working to raise further capital? Let’s compare some prospects.
Oryen Network (ORY)
Oryen Network is a brand-new protocol, featuring the native token ORY. Oryen is leading the way in easy staking with its innovative OAT (Oryen Autostaking Technic) system. ORY pays out rebase rewards every hour automatically, simply for holding the token. Users need not concern themselves with the hassle of locking up funds and the compounded 90% APY is guaranteed – forever. ORY is supported by the RFV (Risk-Free Value) wallet, ensuring a stable base price for the token. The treasury also provides extra liquidity, which developers are planning to use for additional services and projects.
ORY is currently in its first presale phase at just $0.075 – expect a decent price rise following the ICO. Buyers committing early are entitled to an additional 15% too. Act now to take advantage of this deal before the limited presale closes on October 26th.
PancakeSwap (CAKE)
PancakeSwap is a decentralized exchange built on Binance Smart Chain. Over the past 3 months, PancakeSwap has been on a steady trundle upwards, pushing through a brutal downturn that other currencies have succumbed to without a fight. Unlocked, PancakeSwap offers a frightful 2.9% APY at the time of writing. Locking for a year can generate up to 63% APY, but of course, these funds must be committed absolutely.
Lido Staked ETH (stETH)
Stake ETH into Lido in exchange for stETH. stETH is tradable and usable on the network at the same time as generating a 5% APR on your ETH. This is a good way to gain multiple compounding yields on a singular asset. Unfortunately, stETH has seen comparative instability in the market for price parity with ETH and also puts your assets in the control of others.
Conclusion
In a volatile market, reliability is paramount. Regardless of how well your assets are performing in terms of trade price, a solid APY will keep money flowing back to you. Be sure to pick a project with good figures, like ORY. ORY is available for presale now – limited allocation is expected to sell out fast.
Find Out More Here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Telegram: https://t.me/OryenNetwork
Discord: https://discord.com/invite/jSvaXmb2cB
Twitter: https://twitter.com/oryennetwork