Uniglo (GLO) Turns Investors Bullish On DeFi, Seeing Cardano (ADA) And Maker (MKR) Holders Migrating

Investors are currently offered a brilliant opportunity, one that will likely irrevocably change the lives of investors who capitalize on it. The entire DeFi ecosystem is heavily undervalued; however, throughout this bear market period, developers and teams all over the globe have been hard at work building and expanding its value proposition.

When Jerome Powell pivots and reintroduces quantitative easing, and begins buying government bonds and funneling money toward higher-risk investment strategies. DeFi will consume vast amounts of this liquidity, and as a result, its valuation will soar. At its peak, DeFi had more than $180 billion locked in smart contracts across the entire ecosystem; that value now stands under $60 billion. DeFi's explosive rally will catch many investors by surprise, but more prudent investors are currently taking advantage and entering long positions on DeFi projects.

One project specifically has excellent long-term prospects. Uniglo (GLO) is introducing a decentralized floating store of value and has already seen Cardano (ADA) and Maker (MKR) investors migrate toward the protocol.

Uniglo (GLO)

Uniglo is an Ethereum-based social currency representing DeFi's first hyper-deflationary asset. Uniglo's developers have deployed an Ultra Burn Mechanism, which sees 2% of every transaction of GLO sent to a wallet with an unknown private key known as the Uni Abyss. GLO will face constant positive price pressure with a sharply declining total supply.

Uniglo is also the first value-backed digital asset. With a portion of the buy and sell taxes used for asset acquisition. With the Uniglo Vault holding BTC & ETH to benefit from long-term price appreciation, smaller and higher risk altcoins to benefit from growth speculation, and stablecoins to hedge against volatility. As well as digital assets, the Uniglo Vault will also expose investors to high-end tangible assets such as fine art and gold, which have consistent records of solid appreciation.

This novel approach to wealth preservation and growth speculation is DeFi at its peak and an excellent value proposition for investors.

Cardano (ADA)

Many investors are speculating on an enormous price rally in the immediate future for Cardano. This is driven by the Vasil hard fork upgrade, which will see a comprehensive rehaul of the network and considerable improvements to the network's scalability. However, investors should be cautious. Before the Alonzo hard fork, Cardano rallied and suffered a hefty retracement following the upgrade.

Regardless of short-term price action, Cardano is excellent long-term hold. Launched in 2017, Cardano belongs to the old elite guard of crypto. Projects that have endured and consistently advanced with the shifting landscape. With more than 73% of the total ADA supply staked, investors show how bullish they are on this token's future.

Maker (MKR)

Maker is the king of DeFi and is the largest protocol, with more than $8 billion locked in its smart contracts. This project acts as a cornerstone for DeFi, and the majority of protocols leverage it to create their own foundations. The maker has given permissionless access to digitized dollars through crypto collateralization.

Responsible for minting DAI, the fourth largest stablecoin, and the largest genuinely decentralized stablecoin. Investors can mint DAI by providing ETH or other selected digital assets as collateral, and MKR is the governance token of the platform. Typical of governance tokens, the more liquidity the protocol attracts, the higher the price climbs.

Find Out More Here

Join Presale: https://presale.uniglo.io/register 

Website: https://uniglo.io

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