Just as the world is beginning to wrap its head around the upcoming Ethereum Merge, another cryptocurrency is beginning to make waves. Uniglo is a project that operates within the DeFi space, bringing a social currency underpinned by a multi-asset-backed treasury.
Uniglo has announced that it will be launching right into the Ethereum Merge. With this, the project will be able to capitalize on the excitement around cryptocurrencies, which will draw more attention to new DeFi projects like Uniglo.
What is Uniglo (GLO)?
As a long-term store of value for investors, Uniglo is a social currency based on the Ethereum network. It delivers two essential wealth generation tools for investors by leveraging buy and sale taxes.
Value back and the Uniglo Vault are the first. Every transaction will include a component that will be used to pay for the acquisition of both digital and physical assets. These resources, which are kept in the Uniglo Vault, provide the native token GLO with an actual floor price.
The second mechanism is a special Ultra Burn Mechanism developed by Uniglo that sends 2% of all buy and sell transactions to a burn wallet with an unidentified private key called the Uni Abyss. GLO is a good investment for those who have a long-time perspective and wish to maintain and increase the real purchasing power of their wealth.
Free Bitcoin (BTC) Trading On Binance (BNB) And New Bull Market
Just recently, Binance introduced zero-fee trading for BTC spot trading pairs to celebrate its fifth anniversary. The zero-fee trading will cover the following 13 spot trading pairs: BTC/AUD, BTC/BIDR, BTC/BRL, BTC/BUSD, BTC/EUR, BTC/GBP, BTC/RUB, BTC/TRY, BTC/TUSD, BTC/UAH, BTC/USDC, BTC/USDP, and BTC/USDT.
In addition, Binance is ramping up efforts to grab market share by expanding its free trading to include popular token ether, ahead of one of the most anticipated events in the crypto market’s short history.
Binance, already the world’s biggest digital asset trading venue by volume, is waiving fees for a month for customers trading BTC and ETH—the first and second-biggest digital tokens.
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Join Presale: https://presale.uniglo.io/register