Uniglo (GLO) Improves Over Ethereum (ETH) And Uniswap (UNI) Concepts Using Passive Income Without Dilution

Every market cycle introduces new players to the digital asset sphere, and as time passes, the functions and market verticals addressed by these new protocols grow increasingly complex and impressive. As the value proposition of new players overtakes the old, the hierarchy is challenged and changed. A new Ethereum-based token, Uniglo (GLO), is challenging two of the established giants, Ethereum (ETH) and Uniswap (UNI). 

Uniglo (GLO)

Uniglo addresses the dire need for preservation and appreciation. The ultra-wealthy have utilised assets to preserve their wealth whilst benefiting from economic growth for centuries. Investors who hold only fiat see the value of their money decline each year, and the importance of owning assets cannot be understated. By owning assets, investors benefit from price increases and economic growth. GLO, the native token, will have an intrinsic floor price supported by the Uniglo Vault, which will hold a range of digital, real-world, and NFT assets.

Uniglo will release 80% of its total supply at launch, distinguishing itself from many new wave protocols that employ long vesting periods with inflationary tokens, diluting the token value of initial investors and leading to heavy sell pressure. Uniglo is the opposite, there will be a substantial token burn after the presale culminates, and all the remaining public tokens will be placed into the liquidity pool. Then the protocol's Ultra Burn Mechanic comes into play, with 2% of every trade of GLO being sent to a burn wallet, and further Buy Back and Burns of the GLO token from the open market. Uniglo developers have developed a new form of currency with scarcity at its core, and the potential for this token to grow is enormous.

Ethereum (ETH)

Ethereum was the first blockchain with smart contract capability and the DeFi (decentralised finance) ecosystem creator. Ethereum 2.0 has got investors incredibly excited. It will be released in three phases: The Beacon Chain, The Merge, and Sharding. The Beacon Chain has been live for some time, and now the merge approaches. It will see Ethereum transition from PoW (Proof of Work) to PoS (Proof of Stake). Finally, sharding will be introduced, massively improving the network's throughput. This upgrade promises to bring a new era of scalability to the largest ecosystem in DeFi.

ETH trades at $1,650, and with the stage set for this token to become deflationary when issuance drops, many investors are going long on ETH, betting on ETH 2.0.

Uniswap (UNI)

Uniswap is the premiere DEX (decentralised exchange) within the Ethereum ecosystem, and UNI is the rewards token used to incentivise liquidity providers. Uniswap introduced the AMM (Automated Market Maker) model, which has become the blueprint for all other DEXs. UNI's total supply stands at 1,000,000,000, with roughly 75% in circulating supply, meaning that 25% of tokens are still to be issued.

UNI trades just below $9, and many investors fear it may decline in value as the remainder of the tokens are issued.

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