Uniglo.io Anticipated To Provide Better Yields Long-Term Than Cronos, Dogechain And Algorand

Volatility is one of the key features of the crypto market, and 2022 has shown us what impact it can have on overall sentiment. As per historical data, bearish conditions may persist for an extended period. However, smart investors get into the act when the prices are falling. This is an excellent strategy to generate long-term capital gains in a shorter period of time.

A reversal may happen in the blink of an eye, and there’s every chance of cryptos like Algorand, Dogechain, and Cronos outperforming the market. However, experts are of the opinion that an upcoming community token, Uniglo will surpass them with exponential returns in the coming years.

What makes Uniglo a promising project?

While the whole market is suffering from wild fluctuations and extreme volatility, Uniglo developers came up with an idea to create a stable asset class. A new standard in tokenomics will emerge through a social currency that will be fully backed by a pool of assets. Uniglo’s digital asset vault will include everything from digital currencies and NFTs to digitized gold and collectibles. Everyone will have access to safe vault addresses, which are completely secured from any vulnerabilities.

The project is currently in the presale phase of development with a small treasury. As the platform grows in strength, it will boost incoming funds from the implementation of a 5% tax on each transaction. Continuous addition to the vault will create a stable floor price that can withstand any market conditions.

On the other hand, the ultra-burn mechanism ensures that 2% of each $GLO trade is permanently taken out of circulation. All these tokens will be sent to a burn wallet, Uni Abyss, with unknown private keys. No other project has this level of mechanics to guarantee constantly reducing supply.

All the decisions regarding token burns, fund allocation, purchase of assets, and project development will be in the hands of token holders. Any proposal will be up for DAO governance voting to make sure it passes all the checkpoints. With plenty of factors designed to benefit the community, investors are keen to get in early, which can be witnessed by the huge presale demand for Uniglo.

Find Out More Here

Join Presale: https://presale.uniglo.io/register

Website: https://uniglo.io

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