Baranyk was born in Austrian Galicia (today Western Ukraine). He entered the monastery of the Order of St Basil the Great in Krekhiv in 1904. On May 16, he took his first monastic vows and then on September 21, 1910 he took his perpetual vows. He was ordained to the priesthood on February 14, 1915. Baranyk was known for his preaching, and his life was noted for his special kindness to youth and orphans. In 1932 he was made the prior of the Basilian monastery in Drohobych.
On 26 June 1941, the NKVD arrested him. He was taken to Drohobych prison and never seen alive again. After the Soviets withdrew from the city his mutilated body was found in the prison with signs of torture, including cross shaped knife slashes across his chest.
- Biographies of twenty five Greek-Catholic Servants of God at the website of the Vatican
- Beatification of the Servants of God on June 27, 2001 at the website of the Ukrainian Greek Catholic Church
- Basilian Martyrs and Confessors. St. Nicholas Ukrainian Catholic Church, Winnipeg Canada.
- Francisco Radecki. Tumultuous Times: The Twenty General Councils of the Catholic Church and Vatican II and Its Aftermath. St. Joseph's Media, 2004.