The past few years have seen exponential growth in the DeFi space, with some big players stepping in. Projects such as Maker and Curve Dao have taken a large share of the market, while promising startups like Uniglo combine the best parts of these protocols to offer a complete package.
What problem does Uniglo solve?
In 2022, extreme volatility has brought the market to its death. A bear market is an invitation to volatility that even the best of us fear. Uniglo grew out of this concern and developed a social currency that can withstand all market conditions. This is made possible by a community vault that holds a basket of stable cryptocurrencies, digital assets, digitized art, and highly rated NFTs. Tokens are immune to whipping action as the floor price is protected by tangible and intangible assets. This ensures long-term growth and investors can bet on it.
how does that work?
Uniglo is currently in the pre-sale stage of development and will start with a small amount of Treasury funding each transaction with a 5% tax. As the protocol continues to drive mass adoption, there will be more returns for investing in asset purchases. It will be saved.
Additionally, 2% of all GLO trades will be removed from circulation entirely in order to continue to reduce the total supply of tokens. Also, the profits generated by the protocol will be used to buy back and burn his GLO tokens according to the schedule. This deflationary model guarantees a decrease in supply over a period of time, leading to sustained price increases.
All decisions regarding token burns, airdrops and asset buying/selling are in the hands of the community. All token holders can participate in governance voting and accept or reject proposals.
Several media outlets have reported on the progress of the GLO pre-sale, which has attracted a lot of attention among DeFi professionals. With a vision to balance growth speculation and asset preservation, Uniglo is poised to drive massive adoption in the coming years.
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Join the presale: https://presale.uniglo.io/register
telegram: https://t.me/Glo Foundation