Uniglo.io Third Presale Phase Starts, Avoid Missing Out Like Many Did With Maker And Aave
In recent years, many tech-savvy individuals have turned to invest in cryptocurrency as a way to make money. With the advent of blockchain technology, numerous projects are now looking to decentralize various aspects of the internet. One such project is Uniglo (GLO), which is currently in its presale stage.
Investors interested in participating in the project have only a limited time to do so, as the team is planning to take the project public soon. For those unfamiliar with Uniglo, it is a new addition to the Ethereum blockchain that aims to revolutionize the DeFi business with a solid ultra-burn mechanism and vault containing world-class, one-of-a-kind items.
The non-fungible tokens, real-world assets, and tangible items will underpin GLO, the social currency. As a result, its value will be directly correlated with the items in its Vault. The Uniglo community, a decentralized autonomous organization (DAO), will collectively decide which assets to buy, sell, or keep in this GLO vault. Uniglo DAO aims to buy back GLO tokens from the secondary market to remove them from circulation. This is the modest burning mechanism that is further intensified by a 2% burn tax that will be applied to all GLO buy-and-sell orders.
Since the beginning of ICO, Uniglo’s supporters have grown significantly. The protocol’s recent security updates have further boosted confidence in the already active community. The team Audited its smart contracts, meaning the system is ready to go live.
By the end of the second presale, the price per GLO token has increased by 45% and is available at $0.0145. Based on the current market trends, this is a remarkable performance for a token still in the ICO stage.
Maker (MKR) is a governance token that facilitates
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