With Uniglo’s (GLO) presale almost over, now is the time to invest alongside Curve (CRV) and Maker (MKR) before it’s too late. During the presale, you can snag some serious discounts on GLO token, which could potentially lead to massive returns down the line.
What Is Uniglo (GLO)?
As the crypto industry grows, new coins and tokens are being created and launched. Uniglo (GLO), a new cryptocurrency quickly gaining popularity, is set to launch in November.
What sets Uniglo apart from other cryptocurrencies is that real-world assets back it. This means that Uniglo has actual value, unlike other cryptocurrencies based mainly on speculation. Overall, investors are confident in Uniglo as they see it as a safe and reliable investment.
As a DAO, Uniglo will invest in popular cryptocurrencies, one-of-a-kind non-fungible tokens (NFTs) and digitized gold and store them in multi-sig vaults. These vaults will have public addresses, meaning the community will have access to see what Uniglo DAO as a whole holds. Once these assets appreciate, the community will decide whether to sell them, and the money will be used to purchase GLO tokens on the secondary market.
In a distinctive procedure called the Ultra-Burn Mechanism, the community will burn the tokens it has repurchased from the market to make its native currency rarer. Furthermore, 2% of each sale of every aftermarket transaction will be burned.
Two distinct burn processes will guarantee that the GLO token supply remains deflationary after launch and will increase the value of Uniglo over time.
Uniglo’s price has surged by 45% during the presale, alerting significant future potential of the project.
Curve (CRV)
With CRV as its governance currency, Curve unveiled a decentralized autonomous organization (DAO) in August and Investors have a chance to participate in Curve protocol governance via DAO. Holders may choose how the protocol should be operated. The Curve protocol has reached a significant milestone with the creation of the DAO, demonstrating the system’s dedication to decentralization and openness.
Maker (MKR)
A native ERC-20 token, Maker (MKR), is part of the Maker Protocol, a decentralized finance (DeFi) initiative also known as the Multi-Collateral Dai (MCD) system because it enables users to use assets to generate Dai stablecoin. This decentralized cryptocurrency is managed by the community and tracks the price of USD.
Maker serves as a governance token, allowing MKR holders to vote on proposals impacting the usage of Dai as well as the development of the Maker Protocol.
Final Takeaway
While many different investment options are available, Uniglo is an excellent choice alongside Curve (CRV) and Maker (MKR). All these three assets offer great return potential and are low risk, making them ideal for any investor. Each of these assets has a unique and valuable role in the DeFi space, making them an excellent addition to any investor’s portfolio.
Learn More About Uniglo:
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
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
