Uniglo.io Could Outclass Fantom And Polygon In Terms Of Tokenomics Next Year

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Understanding tokenomics is vital for investors when it comes to picking successful projects. The distribution, allocation, and total supply give investors a great insight into the token’s future performance. 

A new social currency Uniglo.io (GLO), has introduced a new standard of tokenomics and could well outclass Fantom (FTM) and Polygon (MATIC) next year. 

Uniglo.io (GLO)

Uniglo provides a long-term store of value for investors. It does this by leveraging principles of scarcity and asset ownership. GLO features buy and sell taxes, and this stream of revenue purchases assets for the Uniglo vault. The vault’s contents give GLO a natural floor price and make it a value-backed token. 
However, the most exciting part of GLO is its deflationary nature. A portion of every trade is automatically burnt, steadily decreasing the total supply of GLO. On top of this, the treasury periodically allocates funds from vault sales to buyback and burn GLO from the open market. The more GLO trades on the market, the more burning and, subsequently, the higher the price of each GLO token.  

Fantom (FTM)

Fantom launched at the end of 2019, and this layer one blockchain quickly established itself as a DeFi-friendly chain thanks to its rapid finality and low transaction cost. The Fantom Foundation distributed FTM directly to developers building on the network, and as a result, the most talented developers all migrated to build on Fantom. Fantom’s ecosystem now possesses hundreds of DApps and is a hotbed for innovation and development with DeFi.

However, next year Fantom will have to compete with ETH 2.0. And there remains the lingering question about what the large FTM validators will do when circulating supply reaches total supply and FTM issuance stops. 

Polygon (MATIC)

Polygon is a layer two scaling solution designed to reduce congestion on the Ethereum network. It provides a separate PoS (Proof of Stake) sidechain and connected ZK Rollup chains that bundle transactions together and return summary data to Ethereum. Polygon brought rapid and cheap transactions to the vast Ethereum ecosystem.

MATIC is the native token and will face a similar dilemma to Fantom next year when the circulating supply reaches total supply and issuance stops. Will large delegators dump their MATIC on the open market when it no longer provides passive income? 

Closing Thoughts 

Investors who understand tokenomics have a better chance of selecting a winning token. Deflationary tokens represent golden opportunities in crypto. A dwindling total supply means their value will always increase. 

Find Out More Here:
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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