Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Thus far, some impressive projects have been built on the BNB Chain. One of these projects is Mdex. It is a decentralized exchange (DEX) that aims to integrate useful features found on other chains, creating a high-performance DeFi ecosystem. The ecosystem will have a DEX and an Initial Model Offering (IMO). It will be governed by a decentralized autonomous organization (DAO).
Mdex runs on the BNB Chain and the Huobi Eco Chain (HECO). Users can use an MDEX Bridge to move assets between Ethereum, HECO, and the BNB Chain. There is also a one-stop solution for liquidity services. Through a unique AMM model, the platform can maintain liquidity.
Users thus have access to safe, diversified, and cost-effective transactions. The TVL on Mdex ranks it as one of the top DEX on Coinmarketcap. Its goal is to break the barriers to accessing financial services globally. Through its unique model, it strives to enable fair pricing without arbitrage. It also plans to facilitate an instant settlement time of 3 seconds. Over time, it intends to support L2 networks on Ethereum like DOT, NEAR, and OKEXChain.
Another notable platform on the BNB Chain is PancakeSwap. It operates a DEX, which uses an automated market maker protocol for liquidity provision, and price discovery. It is a fork of SushiSwap, which was built on Ethereum. The platform planned to be a direct competitor to Uniswap by providing the functionalities of Uniswap with the benefits of the BNB Chain.
Oryen Network Has the Best Yields
One of the ways to make money via Mdex and PancakeSwap is via yield farming. At both of these DEXs, the yields can be quite impressive. The only problem is that rates fluctuate a lot. They can be as high as 80% and then drop to lows of 3% in just one day. Consequently, the average over time is minimal.
As such, investors need to find an alternative regarding yield farming. One of the best alternatives out there is the Oryen Network. Its ORY tokens offer the best APY of any DeFi project. Today, ORY token holders are staring at a fixed APY of 90%. Since it is fixed, it is easy for investors to calculate their earnings over time.
Another benefit of the Oryen Network, compared to the other two, is that rebase rewards are paid out every 60 minutes. That is eight times faster than the average payout period of 8 hours or more.
Oryen Network is one of the most exciting projects on the BNB Chain for yield farmers. It offers an opportunity to achieve great things and earn the highest APY ever for any DeFi project. While still in the presale phase, the demand for ORY tokens has sent their price through the roof, especially as the presale is unvested, and the launch price will be $0.35, representing more than 2x from here. One of the best decisions you will ever make is to invest now while the prices are still at the bottom.
For More Information:
Join Presale: https://presale.oryennetwork.io/register