Uniglo (GLO) Team Ambitious Plan To Lock In More TVL Than MakerDAO (MKR) And Lido (LDO) Combined
When looking for different crypto investments that could make you money, one key thing to pay attention to is how much underlying value the token has. This can often be shown by the project’s TVL, or Total Value Locked. The Total Value Locked figure shows the number of assets that are currently being staked. It shows the total amount of supply that is being secured by a project and can often show how well valued the crypto is in the space. There’s one token that has an incredibly strong use case and plans to unlock a ton of value for its holders, with a full-asset backing that outclasses much of the rest of the DeFi world. That token is Uniglo, which has the potential to unlock more value than both MakerDAO and Lido. Let’s have a look at GLO in more detail:
Uniglo (GLO) has tons of value
Uniglo creates one of the most compelling asset-backed stores of value because it invests funds (raised from a sales tax) into a range of diversified projects, which are then held in the GLO vault. These assets include cryptos, NFTs, and even digitized versions of things like art and gold. This provides a true store of value and one that isn’t over-reliant on any one cryptocurrency for success.
GLO is also completely deflationary and has a ton of strong tokenomic features. Headlining these is GLO’s ultra-burn mechanism which continues to increase scarcity over time. All of these reasons are why GLO is gaining a ton of traction right now, and it could be the answer for your portfolio.
MakerDAO (MKR)
MakerDAO is another fully compliant DAO project that rewards and values the contributions of its community just like GLO does. By creating an “unbiased” system for financial control, it gives its community complete security of its assets and is one of the leading stablecoin systems in the space.
As a stablecoin on the Ethereum blockchain, MakerDAO has managed to create a compelling use case and is already attracting more fans by the day. It might not have the same upside potential as non-stablecoins like GLO, but it’s still a credible project. And that’s one of the other great things about GLO itself, it has the strength of a stablecoin without actually being a stablecoin, so you get a solid price base but also a token that is primed for steady growth rather than designed to stay “stable”.
Lido (LDO)
Lido is a liquidity protocol that gives its users a ton of yield farming and passive earning potential options. As the space looks to move more into the mainstream and give regular retail investors the benefits of DeFi, Lido is well placed to lead that charge. It’s a credible token, but it might be surpassed by GLO as the one that really takes crypto into the mainstream.
Conclusion
Lido and MakerDAO are both compelling projects, but they might soon get surpassed by GLO which is still gaining momentum during pre-sale.
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
The post Uniglo (GLO) Team Ambitious Plan To Lock In More TVL Than MakerDAO (MKR) And Lido (LDO) Combined appeared first on .
When looking for different crypto investments that could make you money, one key thing to pay attention to is how much underlying value the token has. This can often be shown by the project’s TVL, or Total Value Locked. The Total Value Locked figure shows the number of assets that are currently being staked. It shows the total amount of supply that is being secured by a project and can often show how well valued the crypto is in the space. There’s one token that has an incredibly strong use case and plans to unlock a ton of value for its holders, with a full-asset backing that outclasses much of the rest of the DeFi world. That token is Uniglo, which has the potential to unlock more value than both MakerDAO and Lido. Let’s have a look at GLO in more detail:
Uniglo (GLO) has tons of value
Uniglo creates one of the most compelling asset-backed stores of value because it invests funds (raised from a sales tax) into a range of diversified projects, which are then held in the GLO vault. These assets include cryptos, NFTs, and even digitized versions of things like art and gold. This provides a true store of value and one that isn’t over-reliant on any one cryptocurrency for success.
GLO is also completely deflationary and has a ton of strong tokenomic features. Headlining these is GLO’s ultra-burn mechanism which continues to increase scarcity over time. All of these reasons are why GLO is gaining a ton of traction right now, and it could be the answer for your portfolio.
MakerDAO (MKR)
MakerDAO is another fully compliant DAO project that rewards and values the contributions of its community just like GLO does. By creating an “unbiased” system for financial control, it gives its community complete security of its assets and is one of the leading stablecoin systems in the space.
As a stablecoin on the Ethereum blockchain, MakerDAO has managed to create a compelling use case and is already attracting more fans by the day. It might not have the same upside potential as non-stablecoins like GLO, but it’s still a credible project. And that’s one of the other great things about GLO itself, it has the strength of a stablecoin without actually being a stablecoin, so you get a solid price base but also a token that is primed for steady growth rather than designed to stay “stable”.
Lido (LDO)
Lido is a liquidity protocol that gives its users a ton of yield farming and passive earning potential options. As the space looks to move more into the mainstream and give regular retail investors the benefits of DeFi, Lido is well placed to lead that charge. It’s a credible token, but it might be surpassed by GLO as the one that really takes crypto into the mainstream.
Conclusion
Lido and MakerDAO are both compelling projects, but they might soon get surpassed by GLO which is still gaining momentum during pre-sale.
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
The post Uniglo (GLO) Team Ambitious Plan To Lock In More TVL Than MakerDAO (MKR) And Lido (LDO) Combined appeared first on .
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.