Here's How The Uniglo (GLO) Vault Shows Similarities With The Binance Coin (BNB) Vault
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There are two big crypto projects that are making use of their own vault technology. These both present huge opportunities for both newcomers to crypto and more savvy investors. And the crypto space has been crying out for new earning potential for some time. The upside of these projects isn't just in the short-term, either. They provide strong fundamentals and a huge amount of potential for the long-term. In fact, they could be part of crypto's move further into the mainstream, as more people realize the benefits of the wider crypto ecosystem for their investments. That's why analysts love both Uniglo and Binance Coin right now. They both have their own vaults, and while there may be some key differences, they also both offer countless opportunities for investors. Let's have a look at both of them...
GLO builds its vault with a tax on transactions in GLO. Some of the sales tax is used for marketing, and some is held back as part of the platform's dual-burn mechanism to create incredible deflationary tokenomics. The rest goes into GLO's unique vault. This vault is made up of a range of assets which include NFTs, collectibles, and other digital projects. But importantly, the vault is also made up of digitizied versions of real-world assets like whiskey, art and even gold. This gives GLO holders the chance to have investments in assets that might previously have only been available for the mega-rich. It also provides an extremely solid 1:1 asset backing for GLO's price, and makes it completely deflationary and more scarce over time.
And now is the best time to buy GLO, as it's still available at discounted rates during
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