UNUS SED LEO is currently trading at $3.4573, after a price change of -1.22% in the last 24 hours.
Ranked as cryptocurrency #7650 by capitalization today, LEO market cap is valued at $0.00000000. LEO trading volume reached $0.54 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on LEO coin price prediction page.
What is LEO Token?
LEO token, also referred to as UNUS SED LEO, is a utility asset used in the iFinex platforms. The name is derived from a Latin quote on Aesop’s fable, emphasizing quality over quantity. 64% of Leo tokens were deployed in Ethereum, while the remaining are on EOS. Leo token was created to cover for a deficit following the seizure of funds in Crypto Capital, a Bitfinex partner.
There are 953,954,130 circulating LEO coins from a total supply of 985,239,504 and no hard cap. The token is ERC20 standardized and enables holders to receive rewards, including fee reductions and transaction discounts. LEO is available in multiple exchanges traded against USDT, USD, BTC, or ETH.
iFinex has committed to buy back LEO until none is circulating. The firm repurchases the tokens every month, worth a minimum of 27% of its consolidated monthly gross revenue. Bitfinex allows users to track information about the burnt supply with bar charts.
UNUS SED LEO was founded by iFinex, the parent organization of Bitfinex, in 2019. iFinex is a privately operated Fintech firm in the British Virgin Islands.