Investors overlook tokenomics and misunderstand its effect on a project’s success. Of course, solid tokenomics can push even a mediocre project to become successful. But combine solid tokenomics with a great value proposition, and magic happens.
Uniglo.io has undertaken a massive burn, sharply reducing the circulating supply and setting the protocol on a steep upwards trajectory. Uniglo.io climbs through the ranks and aims for a spot alongside Uniswap and PancakeSwap.
Uniglo.io
Uniglo offers a masterclass in tokenomics. The token follows a fair launch model distributing 80.6% of tokens directly to the community. Fair launches consistently outperform more centralized pre-mined tokens, where venture capital and insiders can dump their tokens on retail. On top of this, Uniglo will burn an incredible amount of GLO, making it scarce. And therefore intrinsically more valuable due to the laws of supply and demand.
Uniglo provides a long-term store of value through exposure to a unique mixture of assets, and this protocol has not gone unnoticed. Recently mentioned in Business2Community as one of the best projects of 2022, the market has finally started to understand Uniglo’s value proposition. Pair long-term value accrual with a deflationary token model, and it results in a project ready to attract vast amounts of capital.
Uniswap
A liquidity giant in DeFi. Uniswap has more than four billion dollars in its smart contracts and houses all of DeFi’s biggest liquidity pools. Smart contracts govern Uniswap, making it trustless and an economic structure that can continue to operate perpetually without human interaction. One of the pioneering decentralized exchanges with a long history and a long future ahead. The lack of value accrual for UNI holders remains the only critique investors have of this protocol.
PancakeSwap
Any investor who has swapped the Binance Smart Chain likely used PancakeSwap. PancakeSwap has enormous liquidity depth thanks to its liquidity incentive token CAKE, provided to investors who provide liquidity, allowing the platform to offer trades with some of the lowest slippages within DeFi. This decentralized exchange features excellent yield farming opportunities, and investors who time lock CAKE even receive yield bonuses on the core farms. However, this remains the only utility case for CAKE, which has struggled to maintain value as an inflationary token.
Closing Thoughts
Investors who overlook deflationary tokenomics make a mistake. Just ranked on its tokenomics alone, GLO represents an excellent investment opportunity. Given that it is value-backed and employs scarcity principles, this token’s upside potential is almost limitless.
Find Out More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
