Crypto

Passed Burn Proposal Could Send DAO Uniglo.io Straight into Top 100 on Launch

Uniglo’s community has made its first major collective decision by voting to burn all remaining tokens leftover from the launch, a move that will see native token GLO make great gains and has the potential to catapult Uniglo into the top 100. Watch closely, and purchase soon if you are interested in this unique project.

Uniglo.io Burn Proposal Passed

The Uniglo vote on the burn event is the project’s first major democratic decision, certainly not the last for this social currency. Holders can expect to have a say on a wide range of topics, but most importantly, what to buy and hold in the GLO Vault. The Vault is multi-asset backed, meaning it will house not only digital assets like NFTs and cryptocurrency but also real-world treasures like fine art, gold, collectibles, and class cars – anything that typically could be expected to appreciate in value over time. A varied spectrum of assets, therefore, underpins the value of GLO. Users will vote to buy GLO to burn, allowing them to boost the floor price. GLO also benefits from its special Ultra-Burn mechanic, which employs a 2% transaction tax to be burned immediately. The pool of GLO will be ever shrinking at a rate that increases as the token is more widely adopted and used up with trading.  

DOGE

Dogecoin is one of those projects that has earned its place in cryptocurrency history, defying naysayers and delivering massive profits back to those who committed early. DOGE reached its all-time high of $0.7 in May 2021 and generally continues to perform well, especially as the favored cryptocurrency of billionaire Elon Musk. DOGE currently sits at number 10 in the top 100.

SHIB

Shiba Inu is another meme-coin that reached the heights of fame and success, enough to rival Dogecoin. Despite humble beginnings as a fun currency, Shiba Inu continues to announce developments like Shibaswap, introducing two new tokens, LEASH, and BONE. SHIB is number 14 on the top 100 listings. 

Conclusion

Projects like Dogecoin and Shiba Inu were never expected to take up places in the top 100, yet these protocols defied the odds and remain strong contenders on the market. With this in mind, think about how well a project like Uniglo, with a genuine use case and strong burn system, will perform in the future. Next stop: Top 100. Get involved with presale now while limited allocation lasts. 

Learn more:

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

Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

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