UNUS SED LEO is a utility token used on the platforms of the iFinex ecosystem and in the projects it is developing. It was listed on the Bitfinex crypto exchange in May 2019.
It is available on Ethfinex, iFinex, Bitfinex and many other platforms that are still in development at the project stage. If the use of these platforms increases, the use of LEO is also expected to increase significantly. At the same time, those who hold LEO on the Ethfinex and Bitfinex exchanges will have a 15% commission discount on their transactions on the exchange. If the value of the held LEO is more than 5000 USD, this rate increases to 25%. Just like Binance's BNB, LEO is also encouraged to use LEO with commission discounts.
There are a total of 953,954,130 LEOs circulating in the market.
UNUS SED LEO tokens were produced on both Ethereum and EOS blockchains. Users who have LEO-ERC20 or LEO-EOS in their hands will be able to exchange tokens on the other network in a 1:1 ratio for the amount they want through Bitfinex. LEO-EOS tokens can be used in EOS applications and on the Eosfinex exchange.
LEO is both an ERC and an EOS token, so it can be stored in wallets where Ethereum and EOS-based tokens can be stored.
The iFinex ecosystem, along with the currently used platforms, those that are at the project stage and those that are being developed, can be sorted as follows:
µFinex: Peer-to-peer exchange of cryptocurrencies offline.
Dazaar: Decentralized marketplace.
iFinex IEO: A platform created for Ethfinex and Bitfinex investors to participate in new token projects in the form of IEO.
Bitfinex Derivatives: Bitfinex derivative products.
Ethfinex Trustless: Decentralized Ethereum exchange.
Eosfinex: Decentralized EOS exchange.
Betfinex: A project created in order to develop the online betting sector in all categories, primarily sports.