Burn mechanics are essential in the crypto world. They help eliminate issues associated with fiat currencies by removing tokens from supply. This helps increase scarcity and decrease the risks of inflation. Fiat currencies, however, can be printed whenever necessary, increasing the risk of inflation.

If you’ve been paying attention to the global economy recently, you’ll have noticed how much of an issue inflation has become. Therefore, some crypto projects could be precisely what the economy needs and provide strong returns to your portfolio over the long term. Let’s have a look at a few crypto tokens with strong burn mechanics:

Uniglo (GLO)

Uniglo has the best burn tokenomics in the business. These are thanks to the platform’s revolutionary dual-burn mechanism. With this mechanism, tokens are burned on every transaction, but additional coins are repurchased over time to burn even more. This ensures scarcity increases as GLO grows and makes it the best answer to the world’s inflationary issues. Funds to buy back tokens are raised from a small sales tax on transactions and also help contribute to the GLO vault, which stores a range of assets to back the base price of the token. This could be the best deflationary investment you could make for your portfolio, so check it out immediately.

Binance Coin (BNB)

BNB has been gaining momentum recently thanks to its strong usability on the Binance network. Holders enjoy reduced fees and other benefits on the network, alongside simple passive income returns at the click of a button in the BNB Vault. Experts like the future growth potential for BNB, so it’s well worth checking out.

Shiba Inu (SHIB)

SHIB recently launched a new range of burn features that reward holders with passive income gains in return for them burning some tokens. This helped boost SHIB somewhat and added some technical fundamentals to a token that had long been considered simply a meme coin. The future could still be strong for SHIB, despite recent losses.

Conclusion

While SHIB and BNB both have good burn mechanics, they’re outclassed by GLO, which has the best deflationary credentials the space has ever seen. That’s why it could generate substantial returns, and you should check it out immediately.

Find Out More Here:

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

Website:  https://uniglo.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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The post Uniglo.io Forecasted To Burn More Supply Than Binance Coin And Shiba Inu In October appeared first on NullTX.

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A developing trend observable on crypto Twitter is the search for micro-cap gems. Alternative layer one projects dominated the 2021 bull run, and established traders are now looking for the 100X.

This trend rests on the thesis that further expansion becomes increasingly tricky once a token grows to a certain size. This pattern of behavior can be observed in traditional markets with high-growth stocks plateauing and becoming slow growers. This article examines three protocols that continue to crop up most often: Oryen Network (ORY), Ravencoin (RVN), and Rocketpool (RPL).

Oryen Network (ORY)

Oryen leads this list, and the reason is simple. This reserve currency protocol pays out the highest stable returns in crypto, and several notable figures have touted this to be a bear market gem. Oryen delivers a fixed rate of 90% APY to all investors thanks to the power of compound interest.

Oryen’s developers created what they refer to as the Oryen Autostaking Technic (OAT) system, which blends sophisticated mathematics, psychology & game theory, and smart contracts into a powerful economic engine. As the name implies, smart contracts govern the staking process for ORY holders, and staking takes place as soon as investors purchase. Additionally, with hourly positive rebases, smart contracts auto-compound investors’ yields multiple times daily, leading to this incredible APY. As Oryen’s ecosystem grows and the crypto community brings this relatively unknown project further into the spotlight, the valuation of ORY is expected to skyrocket.

Ravencoin (RVN)

Ravencoin is a blockchain protocol that focuses on token issuance. It enables participants to mint tokens on the network and set their parameters. Investors can mint a token that tracks the price of a real-world asset or even mint a token that grants access to a special event. This utility application and ease of use for token creation have caused Ravencoin to attract lots of attention within the crypto community and powered its rise through the rankings.

Rocket Pool (RPL)

Rocket Pool is a decentralized Ethereum 2.0 staking pool. David Rugendyke founded this protocol in 2016, and it was one of the earlier movers in the race to attract ETH 2.0 staking liquidity. The fundamental aim of Rocket Pool is to contribute to a more decentralized and secure Ethereum network. And it does this both reducing both the capital and hardware requirements for ETH 2.0 staking by allowing trustless staking from a network of node operators. Instead of 32 ETH, Rocket Pool enables users to run a node with just 16 ETH and rewards those that do with RPL tokens.

Closing Thoughts

All three projects address different market verticals, and all possess incredible potential. However, the growth of the Synethetix protocol has dulled interest in Ravencoin, and Lido’s enormous growth has sucked liquidity from Rocket Pool. For those reasons, the true micro-cap gem has to be Oryen.
Find Out More Here:

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

Website: https://oryennetwork.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post We Compare Oryen Network (ORY) With Ravencoin (RVN) And Rocketpool (RPL) appeared first on NullTX.

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The Uniglo.io presale has been the talk of the industry for the last few months. The highly anticipated event has caused great excitement among blockchain enthusiasts and investors, even convincing Binance Coin (BNB) and Fantom (FTM) holders to monitor the process carefully. The presale is scheduled to end on November 15th and will surely be a success.

Uniglo Enters The Final Presale Phase

Uniglo is an innovative asset-backed social currency that will launch on Uniswap on November 19th. The project has undergone a four-staged presale, each lasting a month. Each phase offered investors new prices, different bonus and referral rates, and other exciting updates that kept the community engaged and excited. However, the final stage has approached, meaning it is the last time to grab GLO at their lowest possible price ( $0.0155/GLO).

Several aspects have driven the excitement around Uniglo. The project aims to establish a mutual vault of assets run by the community. Cryptocurrencies, NFTs, stablecoins, and many more will keep this vault diverse and $GLO – stable.

The other distinctive aspect of Uniglo is its burning features. A small fee will charge for each sale and purchase, 2% of which will automatically be burned, 5% will fund the treasury to obtain more assets for the vault, 2% will be used to retain liquidity on Uniswap, and 1% will support the brand PR.

Uniglo will also repurchase some already released tokens from the market and withdraw them from circulation. The intensity of this ultra-burn method will depend on GLO’s market performance and serve the goal of making the token hyper-deflationary.

During the presale, Uniglo obtained an audit badge from Paladin, meaning its smart contracts operate seamlessly without any bugs.

The team also revealed partnership plans with major DEX and CEX firms, made initial purchases for the vault, and established a unique learn-to-earn event for its community.

Overall, Uniglo’s ICO was a huge sensation, demonstrating the team’s dedication and professionalism required for launching a successful project.

BNB And FTM Communities Share Thoughts On GLO

Binance Coin (BNB) is a cryptocurrency used to trade on the Binance cryptocurrency exchange and pay fees. The Binance Exchange is the world’s biggest cryptocurrency exchange, processing millions of transactions every second. Thus, BNB’s huge community support is not a surprise.

Binance Coin users pay reduced transaction costs on the Binance Exchange. BNB may also be swapped or traded for other cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc.

Fantom (FTM) is an open-source DAG-based (Directed Acyclic Graph) blockchain that is highly scalable, secure, and EVM-compatible. DAG is a data modeling and structuring system whose networks are made up of vertices and edges, unlike blockchains. As a consequence, crypto transactions become speedier and less expensive.

With their strong community backing, FTM and BNB are often distinguished from the other crypto projects. Each has thousands of enthusiastic, well-informed fans dedicated to the project’s success.

Uniglo’s recent presale performance has not gone unnoticed by FTM and BNB holders. FTM owners have praised GLO for its well-designed DAO system, while BNB customers have expressed their enthusiasm for Uniglo’s unrivaled burning procedures, unique asset vault implementation, and top-tier security measures.

Should You Buy GLO?

While FTM and BNB are two very distinctive projects focusing on different aspects of the industry, their feeling is mutual towards Uniglo, and that feeling is bullish. Thus, while the presale is live, now is an excellent time to stock up on $GLO.

For More About Uniglo:

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

Website: https://uniglo.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Uniglo.io Presale Monitored By Binance Coin And Fantom Holders. Bullish Launch Expected appeared first on NullTX.

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DeFi’s permissionless and trustless nature mandates liquidity from investors. This method of bootstrapping liquidity has proved incredibly successful for protocols and investors.

Finding solid protocols early on is the trick to making significant returns within DeFi. A new protocol Oryen (ORY), pays out a fixed 90% APY to all investors who help its early expansion. Putting it leagues ahead of Binance Coin (BNB), Solana (SOL), and Avalanche (AVAX).

Oryen (ORY)

Oryen leads the DeFi APY race. Oryen’s sophisticated solution to creating wealth divides itself into three steps: buy, hold, and earn. The OAT (Oryen Autostaking Technic) system powers this APY by leveraging the power of compound interest and auto-compounding investors’ yields to maximize returns. Additionally, as the name suggests, the Oryen protocol automatically stakes ORY from investors’ wallets, meaning the earning process begins the minute they buy.

Oryen’s ecosystem is taking its fledgling steps and has already announced a risk-free wallet for ORY holders. The value proposition of Oryen is fantastic but coupled with its relatively unknown status and a small market cap; this is a bona fide gem that can easily 20X.

Binance Coin (BNB)

Investors can stake Binance Coin on Binance to generate yield or can explore the yields of the Binance Smart Chain ecosystem if they want to generate more attractive returns. A class destination among investors is PancakeSwap- the leading decentralized exchange within the Binance Smart Chain ecosystem- where the token can be paired with CAKE for an APY of over 40%. However, this opens investors up to the possibility of impermanent loss, a risk ORY holders do not face.

Solana (SOL)

Investors can stake SOL directly from their Phantom wallet or use the decentralized lending protocol Solend to earn yield. Solana’s ecosystem continues to grow, and many of the investors that initially migrated, enticed by the network’s low fees and rapid transactions, have remained. Solana powers millions of transactions a day. Therefore SOL remains in demand. However, persistent network outages have cracked investors’ faith in this blockchain.

Avalanche (AVAX)

Avalanche enjoyed enormous success as DeFi exploded. Avalanche was one of the first alternative layer projects to gain significant traction. With decentralized exchanges like TraderJoe launching on the network, it quickly devoured DeFi liquidity and established itself as a major DeFi chain. But with increased competition from faster and cheaper alternative layer ones, Avalanche’s future looks more uncertain.

Closing Thoughts

DeFi evolves rapidly, and investors must move fast if they want to secure early adopter gains. Early investors in BNB, SOL, and AVAX made a king’s ransom. Now the opportunity swings in the direction of ORY.

Find Out More Here:

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

Website: https://oryennetwork.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post High APY Defi: Oryen With Fixed 90% Ahead Of Binance Coin, Solana And Avalanche appeared first on NullTX.

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Many investors are too scared to dream big. However, making money has never been easier. Blockchain technology will revolutionize the world, and investing now is the same as adopting the internet in its early days- fortunes will be made.

Uniglo.io (GLO), Cosmos Hub (ATOM), and Chiliz (CHZ) represent three brilliant investment opportunities for people serious about securing financial independence.

Uniglo.io (GLO)

Uniglo uses the same techniques the ultra-rich have employed for generations to preserve and grow their wealth and blends them with blockchain programmability. Uniglo remains easily one of the best investment opportunities for 2022 and beyond. By leveraging asset ownership, the protocol provides an organic store of value that appreciates with time.

GLO’s tokenomics include buy and sell taxes. This revenue stream funds acquisitions and fuels the deflationary model. Uniglo’s unique asset mixture hedges against volatility and takes advantage of the coming digital asset boom holding large caps, small caps, and NFTs representing high-end physical goods such as real estate and fine art. These assets make GLO value-backed, and this broad exposure perfectly harmonizes wealth preservation and growth speculation. On top of this, GLO is hyper-deflationary. A bona fide crypto gem and an enormous opportunity.

Cosmos Hub (ATOM)

Cosmos is a rapidly expanding ecosystem of independent and interconnected blockchains. Interoperability remains the most significant challenge faced by the digital asset space with blockchains becoming increasingly isolated. Cosmos pioneered the Inter-Blockchain Communication (IBC) protocol allowing the free flow of assets and information throughout the ecosystem. ATOM is the token at the heart of this growing jungle of blockchains, making it another excellent investment choice.

Chiliz (CHZ)

Chiliz remains the leading sports digital currency and bridges fans and the teams they support. The sporting industry is valued at billions of dollars, and Chiliz provides the mechanism for clubs to monetize their supporters effectively and for supporters to participate in club decisions. Many analysts speculate the world cup may act as a catalyst for this token’s success and launch it to another level.

Closing Thoughts

Those who dare always achieve. Investors who want to build themselves a better future have to take advantage of the coming decentralized revolution, and GLO, ATOM, and CHZ represent three tokens primed to change the space and explode in value.

Find Out More Here:

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

Website: https://uniglo.io

Telegram: https://t.me/GloFoundation

Discord: https://discord.gg/a38KRnjQvW

Twitter: https://twitter.com/GloFoundation1

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Photo by Kanchanara on Unsplash

The post Seize The Opportunity Now For Uniglo.io (GLO), Cosmos Hub (ATOM), And Chiliz (CHZ) To Secure Financial Independence appeared first on NullTX.

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Timing remains a critical element of investment and cryptocurrencies are naturally more time sensitive than traditional investments- they are also more profitable. Being early pays.

A new protocol, Oryen Network (ORY), leads to a new standard for passive income in DeFi and has the potential to experience gains like Lido DAO (LDO) and SushiSwap (SUSHI) in the early days.

Oryen Network (ORY)

Oryen pays a fixed 90% APY to all investors. Oryen remains in its early stages and represents a fantastic opportunity; when the market begins to process the value of its income stream and factor it into the price, ORY will explode.

Oryen employs the OAT (Oryen Autostaking Technic) technology to auto-stake ORY on the investors’ behalf. The system also auto compounds ORY multiple times daily, which allows the protocol to pay out the highest stable returns in DeFi. This protocol has fine-tuned the earning process into three simple steps: buy, hold, and earn. Oryen represents one of the most powerful wealth-building tools within DeFi currently and easily qualifies as a hidden crypto gem with its small market cap.

Lido DAO (LDO)

Lido’s solution to staking has caused the protocol to absorb vast amounts of liquidity in the DeFi space. It has become the largest ETH validator, and millions of investors have staked their ETH on this platform. Lido also offers staking opportunities for Solana, Polygon, PolkaDot, and Kusama. Solving the illiquidity inherent to staking Lido created tremendous value and will continue to attract capital. LDO, the native token, will perform in line with the platform; the more liquidity Lido attracts, the more LDO’s price will rise.

SushiSwap (SUSHI)

SushiSwap is a hard fork of the popular decentralized exchange Uniswap. However, SushiSwap introduced a core difference to how the platform functioned: xSushi. Investors who provide liquidity on the platform receive SUSHI, which can be staked in return for xSushi. Holders of xSushi earn a portion of all the trading fees on the protocol. This profit-sharing mechanism made SUSHI highly desirable to investors due to its value accrual ability. As a result, SUSHI rallied, and early investors saw incredible gains.

Closing Thoughts

Oryen will explode; it’s a matter of when not if. Oryen delivers a simplified solution for building wealth, and as a result, it will grow. Investors need to decide whether they want to buy today or FOMOin later.

Find Out More Here:

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

Website: https://oryennetwork.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post You Don’t Want To Miss Oryen Network, Similar To Early Lido Dao And SushiSwap appeared first on NullTX.

Source: null tx

Over the last two years, non-fungible tokens (NFTs) have taken the digital space by storm, growing to become an asset class of their own. Unlike fungible cryptocurrencies, an NFT is a digital asset that stores value but is unique from all other NFTs. The tokenization technology behind NFTs has been crucial to bringing high-value real-world assets into the decentralized finance (DeFi) sphere. Cryptocurrency projects such as Uniglo.io (GLO), Decentraland (MANA), and ApeCoin (APE) know all about this and are making head waves into NFTs.

Uniglo.io (GLO)

Uniglo.io is an Ethereum-based crypto project that introduces an asset-backed social currency. This project is designed to hedge against market volatility and generate long-term wealth for longstanding investors.

To achieve investment growth, the Uniglo.io protocol has a Vault to hold digital currencies and digital assets, including NFTs representing valuable real-world items with strong potential for appreciation. By carefully selecting which investments to purchase, the Uniglo.io community can collectively own an enviable asset portfolio that underpins the price of the native token GLO.

The project also implements a special Ultra-Burn feature, which is a highly aggressive burn strategy. The feature removes from circulation a portion of every buy-and-sell transaction. It also buys back and burns tokens from the secondary market. Therefore, the total supply of GLO constantly declines, ensuring a rising value for investments.

Decentraland (MANA)

Decentraland is a virtual reality platform powered by the Ethereum blockchain. It includes a decentralized app store, a payment system, a marketplace for developers and users to meet, an interactive multiplayer 3D game world, and support for high-level interactions between its users through Blockchain Smart Contracts. This project is gaining traction for its access to NFTs, which can be LAND, digital estates, avatar wearables, or other collectibles that buyers can use within the ecosystem.

ApeCoin (APE)

Apecoin is a digital asset and the native token of the Bored Ape Yacht Club, which is a unique set of 10,000 ape images. APE has a maximum supply of 10 billion tokens. During its launch in March 2022, 30.25% of these tokens were introduced into circulation. This decentralized platform allows users to participate in crypto exchanges while giving them access to exclusive NFTs, games, and services. 

Conclusion

NFTs are a solid addition to investment portfolios. As they increase in value and become a legitimate asset class, crypto entrepreneurs will do well to buy into projects that are incorporating NFTs into protocols.

For More Information:

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

Website: https://uniglo.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Photo by Bjorn Pierre on Unsplash

The post NFTs Are The Future. Uniglo.io, Decentraland, And ApeCoin Know This Already appeared first on NullTX.

Source: null tx

As Oryen Network (ORY) continues to grow and gain recognition in the cryptocurrency community, more investors have started observing the project. The protocol’s unique and promising fundamentals have even convinced some Fantom (FTM) and Multichain (MULTI) holders to migrate over and invest. What should you know about these three?

Oryen Network (ORY)

Oryen Network (ORY) is a novel BSC-developed protocol that offers auto-staking services.

OAT, or Oryen Autostaking Technic, is a smart contract-based system that provides staking (rebasing) payouts for holders every hour, meaning investors’ holdings increase by 0.00733% every 60 minutes.

Rebasing occurs 24 times daily, giving us a steady 90% return rate over a year.

According to the website, 40 million $ORY tokens are currently available, 25 million of which are open for presale. However, since ORY is a rebase token with an elastic supply, the number of tokens in circulation may rise or decrease depending on the price once the project hits the exchanges.

Oryen uses a positive rebasing algorithm supported by Risk-Free Value wallets and buy-and-sell fees to maintain the progressive value of each ORY token and guarantee rebasing rewards for investors.

The presale is already live, offering users generous bonuses and referral programs. Oryen’s exciting fundamentals have persuaded investors all around to rush to the ICO phase and grab $ORY at its lowest possible price.

Fantom (FTM)

Fantom (FTM), founded in early 2018, was designed to overcome the problems like slow and expensive transactions of previous blockchain systems – Bitcoin and Ethereum.

Fantom is a DAG-based Level 1 smart-contracting platform, with FTM being its governance token.

Because the Fantom network uses a Directed Acyclic Graph (DAG) rather than a blockchain, each node has numerous connections and may undergo simultaneous validation. As a result, the consumer experiences almost instantaneous transaction speed and exceptionally reduced transaction costs.

Multichain (MULTI)

Multichain (MULTI) is an open-source technology that enables applications and protocols to connect to multiple blockchains, making data from both chains interoperable.

In July 2020, Multichain was released under the name Anyswap. The project’s purpose is to provide greater interoperability to the fragmented market and to encourage more DeFi adoption. The network’s adaptability and cheap cost have contributed to its popularity.

Previously, its native token was ANY. However, after a rebranding, MULTI became the central utility and governance token for the Multichain network. MULTI holders can also stake their assets on the Fusion chain and earn passive returns.

The Bottom Line

Fantom and Multichain have come with strong community support and excellent performances. However, newcomer Oryen seems to offer better alternatives when it comes to wealth generation. Automated staking with a permanent 90% APY appears to be a tempting proposition to many, particularly in light of the turbulent market conditions that have spooked so many assets.

For More About Oryen:

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

Website: https://oryennetwork.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Oryen Network Fundamentals Convince Large Fantom And Multichain Holders To Invest appeared first on NullTX.

Source: null tx

In the earliest days of cryptocurrency, mining was the primary way new coins were brought into circulation. Miners used powerful computers to solve complex math problems, and in exchange, they were rewarded with a certain number of coins. But as more and more people began mining, the difficulty of the math problems increased, and it became increasingly expensive to mine coins.

In response, some cryptocurrencies introduced a new way to bring coins into circulation: staking. With staking, instead of solving complex math problems, people hold onto their coins in a “staking wallet” to help secure the network. In exchange for doing this, they earn interest on their coins.

Crypto staking is still a relatively new concept, but it has already become a popular way to earn passive income with cryptocurrencies.

Oryen Network (ORY), a new auto-staking protocol, outperforms market veterans, 1inch Network (1INCH), and Binance Coin (BNB) with accessibility and ground-breaking staking rewards.

Oryen Network (ORY)

Oryen Network is a newcomer to the DeFi industry, offering a simple staking mechanism to everyone, regardless of prior expertise.

Oryen employs the OAT (Oryen Autostaking Technic) technology, which automatically stakes the native token, ORY, on the user’s behalf. Investors must keep ORY in their wallets to qualify for rebasing payouts, which are given hourly at a daily rate of 0.177%. This adds up to an exceptional fixed rate of 90% APY.

This generous fixed 90% APY is guaranteed by Oryen’s innovative Risk-Free-Value wallet integration and backup treasury. These features protect the staking platform from market swings and lets holders receive consistent staking payouts.

1inch Network (1INCH)

The 1inch network is a decentralized exchange aggregator that allows users to trade digital assets. In December 2020, the network introduced its governance token 1INCH. The primary method to earn 1INCH tokens is to provide liquidity to 1inch’s liquidity platform or stake 1INCH on the governance site.

Currently, the Staking APY for 1INCH is approximately 21.71%. Stakers get 38% of all fees earned by the protocol, which are obtained via ecosystem partnerships and positive slippage.

While this is a pretty solid rate, 1INCH can not beat Oryen’s static 90% APY.

Binance Coin (BNB)

Binance Coin, which trades under the sign BNB, is the cryptocurrency issued by the Binance exchange. BNB coin was launched in 2017 as a utility token for reduced trading costs. However, its applications have now grown to include various platforms and applications. It covers transaction costs on Binance.com, Binance DEX, and Binance Chain.

Users can also stake BNB tokens and earn passive income. However, similar to 1INCH, the staking rewards are flexible and currently account for up to 27.49% APY.

Final Thoughts

With a 90% APY, Oryen Network is obviously ahead of 1inch Network and Binance Coin. While the two competitors offer a varying APY that fluctuates with the market, Oryen Network’s interest rate is fixed. This lets users know exactly how much they will earn on their investment, making it a more attractive option for stakers.

Learn More About Oryen:

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

Website: https://oryennetwork.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Staking Guide: Why Oryen Network Is Ahead Of 1inch Network And Binance Coin With Static 90% APY appeared first on NullTX.

Source: null tx

If you have been in the crypto space for a while, you already know what Solana is and how it mooned in 2021. The ecosystem grew in popularity as one of the fastest blockchain platforms with negligible transaction fees and high scalability compared to Ethereum.

The Solana network is powered by the native token SOL, which surprised everyone in 2021. What was actually unknown to the crypto community at the beginning of the year ended up being the top performer. The massive surge in price came at a time when the market was at its peak. Things may have changed drastically now, but that doesn’t mean you won’t find the next Solana.

An upcoming community token, Uniglo has been making the rounds across several media outlets as one of the most innovative concepts in the crypto space. For the first time, a cryptocurrency will be backed by tangible and intangible assets. The underlying value of the token will be protected by a basket of virtual currencies, digitized gold, and rare NFTs. Every token holder will have the right to vote on proposals regarding the purchase and sale of assets.

A dedicated treasury vault will be fed by 5% taxation on each transaction. Besides, there will be a unique burn mechanism implemented to create scarcity. 2% on GLO trades will be taken out of circulation, and this will keep reducing the supply to dust. Any profits generated by the sale of appreciated assets will be put to use for buying back and burning tokens.

The future roadmap for Uniglo looks exciting, with plenty of developments in the pipeline. A massive presale demand has diverted the attention of well-known communities to GLO, which may end up doing the “Solana moment” of 2022. The contract has already been audited by one of the top-rated auditors, Paladin and is all set to launch next month.

The team will start with a small treasury, which will grow in strength over time. Uniglo is designed to combat market volatility and fluctuations better than any other crypto in the market today!

Find Out More Here

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

Website: https://uniglo.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Photo by Nicholas Cappello on Unsplash

The post Uniglo.io (GLO) Price May End Up Pumping Doing The ‘Solana Moment’ Of 2022 appeared first on NullTX.

Source: null tx