According to Uniglo.io (GLO), their multi-asset-backed treasury guarantees a significantly high return on investment (ROI). This is made possible by holding assets in a reserve that is then used to buy other assets when their prices are low. Doing so allows the protocol to take advantage of market volatility and ensure that its investors see a healthy return on their investment.
This new exciting strategy lets GLO overcome the market’s well-established leaders: Maker (MKR) and PancakeSwap (CAKE). The article will explore Uniglo’s goals and solutions and compare them to its opponents.
High ROI With Uniglo.io (GLO)
ROI, or return on investment, is a critical metric for any investor. It measures the profitability of an investment and is a key factor in deciding whether or not to invest in a company. How does Uniglo competes with others when offering higher returns? Thanks to its multi-asset backed treasury that never lets GLO price drop.
This type of treasury involves using a variety of assets, such as large and small-cap cryptocurrencies, NFTs, stablecoins, real estate, and many more, to ensure that there are always funds available. By diversifying its holdings, Uniglo can minimize the risk of losing everything if one asset class plummets in value. For example, if some cryptos crash, the company can still tap into its NFT holdings and stablecoins to avoid dipping.
Asset-backing structure gives Uniglo flexibility to navigate well during crypto winter, but it’s not enough to keep the price growing. For this, Uniglo adopts the Ultra-Burn feature that constantly reduces the supply of GLO to make the token more scarce and hyper-deflationary.
These two distinctive features are made possible with a small purchase fee. A 10% tax will apply to each GLO transaction, which is redistributed for several purposes: 2% will automatically be burned, 5% will finance treasury to acquire more assets and give GLO a strong base, 2% will fund liquidity pools, and 1% will support marketing goals to popularize the project.
Uniglo is currently up for sale on the official website. Once the presale phases finish up, traders can purchase the gem on Uniswap.
Maker (MKR) is an Ethereum blockchain-based smart contract platform introducing DAI, an ERC-20 stablecoin. The Maker protocol stabilizes the DAI value at $1.
MKR is also an ERC-20 token designed for one purpose: to assist DAI stablecoin to remain close to the US dollar. MKR tokens are issued and subsequently destroyed with the price volatility of the DAI in mind.
The tactics of Uniglo and Maker have parallels and contrasts. While Maker has introduced the MKR token to maintain the DAI stablecoin’s peg, Uniglo uses a wide range of world-class assets to support GLO. Additionally, Maker burns MKR to maintain DAI close to the USD price, but GLO burns to increase scarcity and price. These differences make GLO an undisputed leader in generating higher ROI for investors.
PancakeSwap (CAKE) is the first and largest decentralized exchange (DEX) protocol on Binance Smart Chain (BSC). In September 2020, the network’s native currency was made available as an exchange for tokens staked in protocol liquidity pools. One can use LP tokens to farm and get prizes on the network.
CAKE has a lot of utility on the Pancakeswap exchange, but the crypto winter significantly affected its price.
The Bottom Line
As it appears, Uniglo will join the world as the highest ROI generator project that has the power to outperform Maker (MKR), PancakeSwap (CAKE), and many more.
For More About Uniglo:
Join Presale: https://presale.uniglo.io/register
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