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DeFi Summer: Uniglo (GLO), Curve DAO (CURVE) and Waves (WAVES) are your best choices to accumulate wealth

Summer is here and the time is right to invest in DeFi-focused cryptocurrencies. DeFi is about to explode. This is evidenced by the fact that there is currently more money in stablecoins than in Ethereum. All this dry powder is just waiting for the market to show a bottom pattern. Once we have that, you can expect some dramatic spikes in activity on DeFi platforms.

Here are three cryptocurrencies focused on DeFi and/or passive income that you can try while spending some time in the hammock this summer.

Uniglo (GLO) – a token containing a diverse crypto portfolio

Uniglo is an investment token specifically designed for early adopters and long-term holders. This is one of those tokens that you want to get your hands on during the ICO before it goes public. Lucky for you, GLO is still in ICO.

The idea of ​​GLO is to create a DAO to build a treasury of assets that will steadily increase in value as the token’s circulating supply decreases, so that the earlier you get in and the longer you hold the connection, the more you win .

The treasury is funded by a 5% purchase and sales tax. This means that every time someone joins or leaves the community, 5% is added to the treasury. So it keeps getting bigger. These funds are used to invest in a variety of digital assets including cryptocurrencies, NFTs and token-backed assets such as gold, collectibles, art and rarities. As a DAO, all investments are voted on by the GLO holders as a community.

Also, a 1% buying and selling fee is used to buy GLO tokens off-exchange, reducing the supply and increasing the price. This also lasts forever. And we’re not done yet. When a treasury investment is sold, all profits are used to buy back and burn more GLO tokens.

Visit the Uniglo.io website to learn more about this crypto investment platform. While you’re there, you can grab a bag of GLO.

Curve (CRV) – a stablecoin haven

Curve is a decentralized crypto exchange built specifically for non-volatile stablecoins. Curve offers DeFi investors passive income opportunities such as yield farming and liquidity mining in a relatively low-risk investment environment.

While the risk is low, the volatility of CRV is high. CRV gained more than 600% in the second half of 2022 and then fell back to its previous price of around $1. The next major resistance level for CRV is around $3. If the market heats up, it could be before the end of the year. That’s a 300% gain from today’s price.

Waves (WAVES) – a high-performance Layer 1 blockchain

Waves is a versatile, highly useful blockchain that serves as the foundation for platforms such as DEXs, DApps, and DAOS. The Waves network is much faster and cheaper to use than Ethereum (ETH), making it attractive for Web3 developers. Waves already hosts several popular platforms, including cross-chain and oracle network Gravity and DeFi (decentralized finance) platform Neutrino.

WAVES is currently running around $6. The coin is expected to reach $10-$40 by January. That’s a gain of 40% to 650%. However, beware of the volatility. As Michael Saylor says, “Volunteering is the price you pay for performance.”

Learn more here

Join the presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1

Disclaimer: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of any information available in such content. Do your research and invest at your own risk.

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