nvestors must leverage every tool at their disposal. Markets are adversarial in nature, and to profit, investors must outperform other investors. Operating in information asymmetry is a great way to maintain a competitive edge, and one essential tool is on-chain data. Due to blockchain’s transparency, investors can track the movement of funds and see where the real money is flowing.
A new protocol Uniglo (GLO), has been heavily targeted by Ethereum (ETH) and Uniswap (UNI) investors, and these veterans of the Ethereum network are better than most at spotting nascent projects with huge potential. As a result of this inflow of capital, Uniglo has pumped hard, but investigating the whitepaper and understanding the value proposition; this may only be the beginning for Uniglo. This token could rocket through the rankings in the next bull market, making early investors fabulously wealthy.
Uniglo (GLO)
Uniglo provides something direly needed in the digital asset space. A long-term store of value that grows with time allowing investors to capture the actual purchasing power of their wealth. The protocol employs buy and sell taxes to fund two value creation strategies enabling GLO to become an organic floating store of value.
The first is asset acquisition. The Uniglo Vault will hold a broad range of securities, including digital and physical assets. This broader market exposure protects from downturns in specific markets and smooths out long-term performance. The Vault also allows investors to benefit from the price appreciation of high-end goods with a high capital entry barrier, such as gold and fine art.
The second is the deflationary nature of Uniglo. The developers have pioneered an aggressive deflationary model that sees a portion of every transaction automatically burnt. This steady decline in the total supply with lock in massive value for early investors when the token begins to trade and increasingly large amounts of GLO are burnt.
Ethereum (ETH)
Launched in 2015 this open-source blockchain project was the first Turing complete blockchain. This means it could run programs and this programmability has birthed DeFi; an alternative permissionless financial system that has brought essential financial services to unbanked people all over the globe.
Investors are witnessing history with the Ethereum Merge, and in the next six months, when Sharding is implemented and ETH 2.0 becomes a reality, ETH will finally become a deflationary asset. This will be a huge trigger for the digital asset space to rally, and Ethereum’s dominance continues to rise.
Uniswap (UNI)
Uniswap was the original decentralised exchange and still resides on the Ethereum network. Uniswap introduced liquidity mining and the AMM (Automated Market Maker) model, which sees investors trade with liquidity pools instead of the typical order book based model used by centralised exchanges. This allowed trading 24/7 with low slippage and allowed investors to earn by providing liquidity.
UNI is the governance token and is rewarded to liquidity providers allowing them to direct the protocol’s future.
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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Source: https://www.thecoinrepublic.com/2022/09/16/next-level-pump-from-uniglo-glo-as-ethereum-eth-and-uniswap-uni-holders-buy-in/