The interconnectedness of DeFi outmatches that of TradFi. Something positive for a token within an ecosystem benefits the entire ecosystem and vice versa. Cryptocurrencies represent the future of finance and, as such, represent far better investment opportunities than traditional stocks. But digital assets are only suitable for investors who want to be a part of the future.
The brightest minds in the world want to work and invest in crypto. Investors can join in or be left behind; the decision is theirs. Following the historic Ethereum merge, the ecosystem is becoming increasingly dynamic. A new social currency Uniglo (GLO), moves into a hugely bullish launch on Uniswap (UNI), the premier decentralized exchange of the Ethereum (ETH) network.
Uniglo (GLO)
Uniglo has provided a long-term store of value in the depths of the bear market. As a result, it has attracted vast swathes of capital from the digital asset space. On-chain analysis shows that the biggest participants in its presale are whales from the Ethereum ecosystem, and these highly capitalized players are taking advantage of this new project.
Uniglo delivers this store of value by exposing investors to a mixed class of assets. The Uniglo Vault holds physical goods in NFT format, such as fine art and real estate, these items having been tokenized. And a blend of other digital assets. This diversification allows Uniglo to offer smooth long-term returns. On top of this, Uniglo pioneered a revolutionary burning strategy that sees a rapid decline in GLO’s total supply
Uniswap (UNI)
Uniswap remains the largest decentralized exchange for DeFi token swaps on the Ethereum network. It hosts liquidity pools which allow permissionless trading, and unlike the stock market, Uniswap is always open and available. Traders interact with smart contracts, and investors provide liquidity earning a portion of the swap fee. This Automated Market Maker (AMM) model revolutionized decentralized exchanges, and Uniswap is the blueprint for every successful DeFi exchange.
Ethereum (ETH)
Ethereum now uses PoS (Proof of Stake), and billions of dollars are staked on the Beacon Chain as investors secure the network whilst generating ETH rewards. The next upgrade will implement sharding, and ETH 2.0 will be complete. This will see a massive upgrade to Ethereum’s scalability and might act as a trigger for the start of a new bull run. Regardless of short-term price action ETH remains a solid blue chip crypto project for investors.
Final Thoughts
Investors must be active. Tokens start in presales, move onto decentralized exchanges, and finally land on centralized exchanges. Early investors take the lion’s share of the profits, and Uniglo’s launch on Uniswap is a bullish event for the entire ecosystem.
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
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.