Uniglo (GLO) is a new decentralized finance (DeFi) project built on Ethereum. While the general population may not have heard of it yet, experts and old-timers in the cryptocurrency market are keeping a close watch on this new project, especially as it is still in its presale phase.
The Uniglo project is well on track for its official launch in mid-October. Before that happens, however, many investors from very well-known cryptocurrencies and platforms such as Avalanche (AVAX) and Binance Coin (BNB) are bridging fast.
Uniglo (GLO)
Uniglo is a community-based social currency that places a premium on long-term wealth accumulation and mitigates against price volatility. It introduces the Uniglo Community Vault which will contain a range of digital assets to underpin its native token GLO.
Currently, the Uniglo project is in Phase 2 Presale and is well on its way to the top of the list of high-earning cryptocurrencies. The project is also on track in terms of the milestones it set out for itself for the second quarter of the year. These milestones included community marketing and smart contract audit. Just recently, the Uniglo community announced on its Twitter page that its platform successfully passed the security audit of its smart contracts by Paladin Blockchain Security. This audit is a testament to the importance that the community places on investor safety and security.
The next steps of Uniglo include creating its “Multi-Sig Community Vaults across Ethereum, Binance Smart Chain, Polygon, and Solana, among others. As investors from Binance Chain and Avalanche bridge over to Uniglo, the project will have the proper funding to proceed with more developments.
Avalanche (AVAX) and Binance Coin (BNB)
Binance Coin (BNB) is the utility token of the Binance Chain, which supports decentralized money markets, NFT markets, and token swaps, among others. In recent times, this chain has seen an increase in whale activity, which demonstrates it offers many opportunities for gains.
Avalanche (AVAX) is a smart contracts platform known for fast transactions for lending, borrowing, and trading, among others. This platform is often named as being one of the most remarkable DeFi platforms currently, especially as it has an impressive transactions-per-second (TPS) rate that beats Ethereum.
The users in both of these platforms want gains and diversification. They are interested in exploiting opportunities that could augment the growth of the AVAX or BNB holdings, which is what Uniglo can do.
Final thought
The Uniglo project is piquing the interest of a wide range of investors. As more and more investors bridge, the Uniglo community will keep on expanding, and its native token GLO will continue increasing in value. First-time or small-time investors can still take part in the surge of Uniglo while the project is in its presale season.
For More Information:
Join Presale: https://presale.uniglo.io/register
