Unus Sed Leo (LEO)

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Unus Sed Leo (Leo) is a utility token made by iFinex, the company behind the top crypto exchange Bitfinex and Ethfinex, in May 2019. It is an exchange utility token designed to be the heart of iFinex and empower the entire Bitfinex community. Leo is said to provide significant operational benefits for their customers that are looking to maximise the output of Bitfinex and other iFinex platforms.

The utility token was launched to the public after a $1 billion private sale which lasted only 10 days. During the private token sale, each Leo was sold for 1 USDT which resulted in the $1 billion raised. The Unus Sed Leo token itself was issued on both the Ethereum and EOS blockchain in the aim to increase ease and flexibility for users. Furthermore, the Unus Sed Leo team are also hoping to contribute to the development around blockchain interoperability and intend to make Unus Sed Leo an integral part of the entire decentralized exchange industry via integrations with EOSFinex and ETHFinex. 660 million Leo tokens were issued on Ethereum blockchain and 340 million were issued on the EOS blockchain.

Unus Sed Leo token holders should also benefit from Leo tokenomics which employ a continuous burning mechanism to reduce the supply of Unus Sed Leo on the circulating market with the intention to increase the value. According to the tokenomics, 27% of iFinex consolidated gross revenue will be contributed toward the buy-back and burn scheme. The entire scheme will be overseen by the Unus Sed Leo Transparency Initiative which will make the entire process verifiable.

In this tag you can discover Unus Sed Leo (Leo) news, price prediction, opinion and analysis created by users.


How to use leofinance: leoglossary

3 Nov 2022 1 minute read 0 comments mr-wallstreet

Thanks to leofinance.io it is possible to earn money more easily by uploading quality content to the platform, the Web 3.0 promises unparalleled experiences for users and consumers of the Blockchain that already opt for an idea Crypto = leofinance.io...

Participating in Leo Power Up day

15 Oct 2022 1 minute read 0 comments Bala

The 15th of every month is called Leo Power Up day. I have been participating in this power-up day for the past 4 months and this is the 5th-month people are doing power-ups. I'm happy that I'm very close to reaching my goals. I have been saving up a...

THE POWER OF FLYING

19 Sep 2022 1 minute read 0 comments rac19

One of the most annoying situation you can get when in a battle is when you got the advantage in killing your opponent yet you loose because you cannot hit hit them. Here's one example of a battle where you would be so glad that RNG is on your sideht...

Cha Ching you could get paid for each Leo #threads (short message) you post on the internet

1 Sep 2022 3 minute read 0 comments thetimetravelerz

Leo #Threads are here and they represent the Defi version of twitter. Leo Treads is a project that is an add on to theIs Leo #Threads here to give you the freedom that twitter account lacksTo understand what Leo #threads are trying to do one has to...

Reached 8000 LEO Power

17 May 2022 1 minute read 1 comment Bala

I'm very happy and glad to share that I have reached a total of 8000 LEO Power. During the first quarter of the year, I initially had a goal to get 8000 LEO power, but I couldn't make it. Now I was able to reach the goal. I initially thought I should...

My Stake of 10000 LEO is now complete.

20 Dec 2021 2 minute read 0 comments Rajat G

My Stake of 10000 LEO is now complete. My association with LeoFinance is very old and this is one of token that I thought worthy of holding and buying. and I guess this journey now almost 2 year old now and I now staked 10K Leo , much to my satisfact...

Unus Sed Leo in focus, a token built to be destroyed

14 Dec 2021 2 minute read 0 comments Austras

Some tokens and coins claim to be "unique", offering burn mechanics, repaying the community or a running a specialized smart contract. Unus Sed Leo or just LEO token is unique. It started with a loss of 850 million dollars and the idea that the token...

LBI (Leo Backed Investment ) was in sale in Hive Engine.

6 Nov 2021 1 minute read 0 comments Rajat G

  Yesterday, I saw a big fire sale in LBI and unfortunately I caught this fire sale little late where some LBI holder sold its LBI at very cheap. When I say it is cheap because it was sold at bid price of LEO (that was .30 Hive) vs ask price of...

Good time to accumulate some Leo tokens

14 Oct 2021 2 minute read 0 comments Bala

I recently reached my goal of completing 5500 Leo Power. After I completed that goal, I actually decided to stop powering up Leo and instead sell it for other tokens. But I did not sell it because the price of Leo was not very great. If we look at th...

No regrets

22 Sep 2021 1 minute read 0 comments cmmemes

  It's been almost a year since I started posting consistently on Hive, before that posting has been an on and off thing for me, mostly off since the price has been meh for the majority of the past few years. So far I'm very happy with the amount of...