The inflow of institutional capital into DeFi is a reliable indicator of the market’s potential. Until recently, deep-pocketed VCs and financial institutions have played a small role in the crypto market. However, the DeFi summer of 2020 paved the way for smart investors to put their money at stake. Funding rounds continue to be on the rise, as the attention shifts toward DeFi protocols like Uniglo (GLO), Beefy Finance (BIFI), and Sushiwap (SUSHI).

Uniglo (GLO)

Uniglo is the first community-focused platform where the native asset is backed by virtual currencies, rare NFTs, and real-world assets. This protocol is a reply to volatile market conditions that can sweep away entry-level investors in the blink of an eye. The tokenomics of GLO is designed in a way to grow in value over the long term. With a 10% tax on each transaction, Uniglo keeps accumulating treasury to back the floor price of the native token, while also investing in ecosystem growth. All the decisions regarding token burns, fund allocation, and development will be taken through a DAO proposal.

Beefy Finance (BIFI)

Beefy finance is a multichain decentralized protocol that allows crypto users to earn interest on their holdings. Through a set of investment strategies, the protocol helps in maximizing rewards from various liquidity pools, Automated market makers, and lending protocols. Beefy is integrated with 10 different blockchains, including Fantom, Arbitrum, Harmony, Binance Smart Chain, Avalanche, Moonriver, Cronos, Celo, Polygon, and Heco. The native governance token of the platform, BIFI can be used for voting and influencing platform-related decisions. Revenue generated from vault profit is distributed to token holders who stake their holdings. It has caught the attention of investors for its ability to provide a convenient and optimized way of generating yield. 

SushiSwap (SUSHI)

SushiSwap is an improved version of Uniswap, with better control mechanisms and DeFi features. The primary objective of this platform is to remove centralization from the market. The protocol is geared towards DeFi users, who can swap tokens and provide liquidity to pools for passive earning. SushiSwap is the first Automated Market Maker to send the profits back to the community that runs the ecosystem.  Although there was a huge setback in September 2020 with a massive rug pull, the faith has since been restored after the ownership was given to Sam Bankman Fried.

Find Out More Here:

Join 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

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