If you’re seeking some wise investment decisions that will yield returns right away, look no further than Uniglo (GLO), dYdX (DYDX), and Serum (SRM). These three projects are market leaders in their respective industries and are in an excellent position to keep expanding quickly.
Uniglo (GLO): A Newer Investment Choice With A Promising Future
Let’s examine early adopter Uniglo. Uniglo is a community-based social currency that incorporates scarcity through the unique Ultra-Burn mechanism and is backed by digitalized tangible goods, digital currencies, and rare NFT to remain bullish despite market trends.
Beginning with a small fund, Uniglo will start its development. The 5 percent buy, and sale tax will consistently be added to the treasury while the Uniglo vault will keep growing. As Uniglo grows, they will purchase assets and store them in the Uniglo vault to support the floor price of the Uniglo token. According to Uniglo, The Vault addresses are accessible at all times, allowing everyone to observe what the community is doing.
The Ultra Burn Mechanism of Uniglo uses 1% of profits to buy back $GLO from the secondary market and burn them.
Additionally, Uniglo stands out with an in-built 2% burn mechanism that occurs every time $GLO is traded.
It is important to note that only a maximum of 175,000,000 ($GLO) of the overall supply will be set aside for community issues, with any unsold presale shares being burned to reduce the supply. Early backers and public holders are favored by Uniglo’s Tokenomics model, which uses its unique technique to establish a stable price floor.
dYdX (DYDX): A Well-Rounded Investment Choice With A Proven Track Record
dYdX is limited as a trading-only platform, but it is one of the most sophisticated financial protocols as an open, trustworthy, and non-custodial one. The platform’s capabilities presently only include fundamental trading between three straightforward assets (ETH, DAI, and USDC), lending assets to earn interest, and two forms of margin trading: isolated margin trading and cross margin trading. For seasoned traders, they are straightforward tools, but for the developing DeFi ecosystem, they represent a giant step forward.
DYdX is concentrating on developing more sophisticated trading capabilities for the Ethereum blockchain. The dYdX protocol is open source, just like other DeFi technologies, and uses smart contracts rather than individuals to manage user assets.
With a peak of more than 150,000 ETH tied up in its smart contracts in November 2019, it is the most well-known decentralized margin trading platform with a promising future ahead.
Serum (SRM)
Serum is a unique decentralized exchange (DeX) running on the Solana blockchain that combines decentralized crypto swaps with an order book managed by the protocol.
Serum DEX’s on-chain central limit order book and matching engine provide liquidity and price-time-priority matching for traders and composing projects.
The flexibility to control the price, amount, and direction of their trades is a feature of this exchange architecture that benefits users.
With a circulating supply of 10 billion tokens and a market cap of about $254 million, Serum’s native token, SRM, is trading at $0.96.
Bottom Line
Overall, all three above-discussed projects can be intelligent investment choices for you to generate returns. If you wish to enter the growing community of a fresh crypto gem, it’s better to check out Uniglo (GLO), join the presale mode, and relish a basket of early benefits.
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
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