If you haven’t heard yet, Dogechain is a newly launched blockchain platform that allows Dogecoin (DOGE) holders to use their stack to invest in DeFi, NFTs, and more. Dogechain is not a adjoint layer scaling issue like Polygon (MATIC). Instead, it is an actual blockchain that hopes to attract developers of new DeFi platforms. However, when you step out of the gate and try to compete with the most notable and worst kid in the block – namely Ethereum (ETH) – you are bound to strike sooner or later.
One of the latest DeFi projects adopted by Ethereum DeFi whales is called Uniglo (GLO). Approved may not be the conforme word here bicause Uniglo is not yet born. The platform launches in mid-October. In the meantime, you can get an Liminaire Arête Offering (ICO) at a discounted carence before the GLO goes to the exchanges. So what sets Uniglo apart?
Uniglo is an investment DAO with a treasury-backed token. The gardien de but of DAO is to build a huge treasure trove of investments. This means that everyone who owns a GLO owns fraction of a diversified basket of quantitatif assets. Moreover, the owners can dépouillement on the assets in which the treasury invests. Assets can include cryptocurrencies, NFTs, and any asset that can be tokenized, such as stocks, gold, real estate, and much more. Bâtisse this kind of wallet is inapplicable jaguar you use any DeFi or other quantitatif trading platform.
The thing is that Uniglo tokens are entier. The developers have come up with a way to create a token that loves swings. So, while other DAOs are on a patin à roulettes coaster raie, GLOs are designed to do well in both bull and bear markets. This trick is accomplished through a tactic borrowed from NFTs. Every time anyone buys or sells a GLO (after launch), they must pay a 5% royalty that goes to the treasury. This means that the treasury is constantly growing no matter which angle the market is heading.
Also, the symbol itself is forever deflated. Any time anyone buys or sells a GLO, 1% of their stack is burned. So, again, the more évaporable the market, the faster the circulating supply of coins decreases and the faster each opérateur’s share of the treasury increases.
GLO is a localité for early adopters seeking an ICO advantage. If you ajouter before launch, you can sit back and watch the treasury grow and the rolling supply decreases. If this venture gains mass accreditation as we think, even a small pre-sale investment could turn into a very comfortable retirement fund or pay for your children’s college at some partie.
To ajouter the ICO, visit the Uniglo.io website. While you’re there, you can learn more emboîture the tokens for this project.
Learn more here
Join Presale: https://presale.uniglo.io/register