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A brand new Ethereum-based protocol, Uniglo (GLO), has attracted the eye of the Binance Coin (BNB) and Avalanche (AVAX) communities because it strikes forward with its presale. With the present market volatility, the attraction of Uniglo to those communities is obvious. And it seems that BNB & AVAX holders will start bridging funds to partake within the presale.

Uniglo (GLO)

Uniglo is community-owned and value-backed. This new method to digital foreign money reintroduces fundamental financial rules to offer worth to traders. GLO’s tokenomics embrace purchase and promote taxes and by leveraging the programmability of the blockchain, the builders have created a brand new higher type of foreign money.

A part of this tax goes in the direction of asset acquisitions saved within the Uniglo Vault to offer GLO with a secure ground value. Belongings which have carried out properly will probably be offered, that means the Vault itself is a managed fund. It would comprise digital and bodily property, giving traders entry to high-end collectables usually out of attain, corresponding to gold and tremendous artwork. A part of the tax goes in the direction of the protocol’s Extremely Burn Mechanism, which ensures shortage burning a portion of each transaction. GLO represents concord between wealth preservation, and development hypothesis, making it a super token to carry throughout these turbulent occasions.
Binance Coin (BNB)

Binance Coin is a wonderful undertaking throughout. With a market cap of almost $50 billion, BNB represents the third largest coin, excluding stablecoins. Solely BTC & ETH have larger market caps, and the Binance Good Chain is among the most strong ecosystems in crypto. Regardless of Ethereum’s ecosystem being bigger by TVL (Whole Worth Locked), the Binance ecosystem sees way more every day transactional quantity.

BNB being the utility token of what many would argue is the best centralised trade Binance, has an extended future forward and can generate fabulous wealth for a lot of traders.

Avalanche (AVAX)

Avalanche was one of many first new age blockchains that immediately addressed the basic blockchain trilemma of scalability, safety, and decentralisation. Boasting unbelievable throughput and the power to course of 4,500 transactions a second, Avalanche noticed an enormous influx of liquidity inside DeFi, as traders and builders moved to this sooner and extra environment friendly community.

In August, Avalanche broke a document, seeing greater than 1.5 million transactions in a single day. Proving that regardless of the state of the markets, the Avalanche blockchain continues to see larger adoption, and this bodes properly for the native token AVAX.

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