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As the DeFi space continues to grow, more and more projects are looking to launch on decentralized exchanges (DEXes). Uniswap is one of the most popular DEXes in the space, and for a good reason.
One of the biggest advantages of launching on Uniswap is the increased visibility that your project will receive. Uniswap is one of the most popular DEXes in the space, and listing your project on the platform will help to increase its exposure.
In addition, Uniswap is integrated with a number of popular wallets, such as MetaMask and Coinbase Wallet, which makes it easy for users to access your project.
Another benefit of launching on Uniswap is the increased liquidity that your project will receive. When you launch on Uniswap, you’ll be able to tap into the liquidity pool that is created by the platform. This will help ensure that your project has the liquidity to trade on the platform.
Finally, Uniswap is powered by Ethereum smart contracts, which makes it extremely secure and trustworthy. Ethereum is the most popular smart contract platform in the world and has been battle-tested over many years. This means that users can be confident that their funds are safe on Uniswap.
Now, as we are already aware of Uniswap and its importance, let’s get to the point. A brand-new DeFi project developed on the Ethereum network Uniglo (GLO) is getting ready to launch on Uniswap later in October 2022. Here’s what you need to know about the project.
What Is Uniglo (GLO)?
Uniglo is a new addition to the Ethereum blockchain with aspirations to alter the DeFi industry with a powerful ultra-burn mechanism and vault that contains unique world-class goods.
Uniglo establishes asset backing and scarcity in times of rapid inflation and joins the market as a hedge against volatility.
GLO, the social currency, will be supported by a mix of non-fungible tokens, real-world assets, and physical goods. Consequently, its worth will be directly proportional to its assets in its Vault. As a decentralized autonomous organization (DAO), the Uniglo community will jointly select the assets to purchase, sell, or retain in this GLO vault. Additionally, all buy-and-sell orders of GLO will incur a 2% burn tax.
Security Measures Of Uniglo
In addition to enticing benefits, customers prioritize investing in a legitimate and secure crypto endeavor. Therefore, a successful audit pass is regarded as Uniglo’s greatest accomplishment and milestone.
Uniglo has just received an audit by Paladin, a well-known blockchain security consultancy and a leader in auditing smart contracts for decentralized financial systems. By guaranteeing that the Uniglo protocol is responsible for its economic actions, Paladin audit will likely protect the public interest.
In addition to an audit, the security of Uniglo is shown through a KYC-verified staff, correct vesting contracts, and superior multi-sig authentication inside Gnosis safes.
In addition, being built on Ethereum Chain, the most popular platform for smart contracts and decentralized applications (dApps) in the world, provides Uniglo with an extra boost of security and investor confidence.
Uniglo’s second presale round is halfway done. The rising popularity, growing security measures, and unique merge of services make it an excellent option to achieve greater returns in the upcoming months.
For More About Uniglo:
Join Presale: https://presale.uniglo.io/register
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