Uniglo (GLO) Is Talked To Be The Next Aave (AAVE), Most Likely To Rank Higher Than Fantom (FTM) After Launch

Uniglo, the new kid on the block, is already making waves in the world of cryptocurrency. Most people are comparing it to Aave, and some are even saying it could rank higher than Fantom once it launches. Let’s take a closer look at Uniglo and see what all the hype is about.

What is Uniglo (GLO)?

Uniglo is a new currency that will be community-owned and supported by value. Its buy and sell taxes are utilized in GLO’s tokenomics to allow two of the protocol’s fundamental mechanics: asset acquisition and token burn.

The Uniglo Vault will be actively managed, with high-performing assets sold and profits reinvested, and will house a mix of actual and digital assets to provide GLO with an inherent floor price. The Uniglo Vault is a community-governed diversified portfolio that holds trusted stores of value such as gold and BTC, stablecoins to hedge against volatility, and rare things such as exquisite art.

Uniglo also features a unique Ultra Burn Mechanic, which automatically sends a portion of each transaction to a burn wallet, making this token hyper-deflationary.

Getting the hype

Uniglo introduces a new social currency backed by a diverse array of digital currencies and digitized tangible items such as premium wine, exquisite art, and high-end watches. The project will keep a special asset vault with multiple digital currencies, including a one-of-a-kind selection of non-fungible tokens.

Many analysts anticipate that this project will outperform in terms of gains when it starts in mid-October. It will not only have a strong asset backing, but it will also incorporate a unique token burn technique known as the Ultra-Burn Mechanism to manage the market volume of GLO tokens.

The platform has been getting a lot of attention from the crypto community due to its strong business model and anticipated growth in the future.

Learn 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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