Whales and other investors have set their sights on a new DeFi project – Uniglo (GLO).

Uniglo is a decentralized finance (DeFi) solution built on the Ethereum Network. With the goal of increasing access to earning opportunities through fractionlized asset ownership, this new project will leverage different chains in a way that Curve (CRV), Uniswap (UNI), and Convex (CVX) combined do not.

Uniglo (GLO)

Uniglo is a community-based DeFi project that will have a decentralized autonomous organization (DAO). It stands out from other crytpocurrencies because it aims to maintain a community vault for various assets. The vault will contain digital currencies, digitized gold, and tangible collectibles. To drive accessibility and transparency, Uniglo will have a community vault address on Ethereum, Binance Smart Chain, Solana, Fantom, Polygon, NEAR, and Avalanche, among others. These vaults will also be Multi-sig Community Vaults, which means a special authentication system has been set up. By the fourth quarter of 2022, the platform will also start wrapping various tokens to achieve multi-chain capabilities.

Curve (CRV)

Curve is known for offering reduced slippage, which refers to the difference between the trade price and the actual payment for an asset. As such, Curve became a quick favorite among stablecoin traders. Similar to Uniglo, Curve combines multiple systems to offer enhanced services. It supports various stablecoins, with users being able to trade USDC, USDT, DAI, PAX, and sUSD, among others. However, as there are many kinds of stablecoins in circulation, Curve chooses to specialize in stablecoins that are pegged on national currencies.

Uniswap (UNI)

Uniswap is a leading decentralized crypto trading platform that supports peer-to-peer market-making. Notably, it is the first decentralized exchange (DEX) on Ethereum and was foundational in terms of developing DeFi infrastructure on the latter. Today, Uniswap has integrations across hundreds of applications and interfaces and is currently the largest DEX by trading volume on Ethereum. As such, it can leverage various digital currencies and combine different systems. Uniglo, however, will have a presence that extends beyond Ethereum.

Convex (CVX)

Convex Finance is a yield farming project that rewards investors who stake and provide liquidity. The project is built on top of the Curve Finance exchange platform. Its earning potential is thus tied closely to Curve staking, offering boosted rewards to CVX and CRV token holders who place their money in Convex. The focus of Convex is thus relatively narrow compared to Uniglo. However, it is also able to offer yields for CRV token holders that are 2.5x the gains made on other platforms.

The bottom line

Cryptocurrencies such as Curve (CRV), Uniswap (UNI), and Convex (CVX) each offer a unique service and a cross-system presence. However, if you are interested in a crypto with strong earning potential across multiple systems, Uniglo would be an ideal investment option right now.

Learn 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

Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions: [email protected] None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.