LEO is an IEO token issued by Unus Sed LEO Limited, a new company owned by iFinex, It provides an opportunity for users who wish to use iFinex's platform and services. IFinex plans to sell $1 billion worth of LEO tokens, while iFinex and its affiliates will also repurchase a certain amount of LEO from the market each month until no more tokens enter commercial circulation. As Bitfinex's nt dollar, LEO aims to empower the Bitfinex community and be a practical token at the heart of the iFinex ecosystem, enabling holders to experience the immediate benefits of the iFinex platform's products and services.

LEO Token(LEO) is an IEO Token issued by Unus Sed LEO Limited, a new company owned by iFinex. BiFinex plans to raise $1 billion through LEO tokens at a purchase price of 1USDt per token. LEO, Bitfinex's Taiwan dollar, aims to be a functional token at the heart of the iFinex ecosystem. Coin holders can experience the immediate benefits of iFinex's trading platform, products and services.

Supported by a large community of well-known entrepreneurs, LEOcoin has tremendous potential for rapid growth and expansion.

LEO allows individuals to conduct fast and secure transactions over a decentralized peer-to-peer network. It is a digital currency that does not require bank processing or transfer fees.

Repo destruction mechanism. The issuer lists three sources of funds to buy back LEO until there are no LeOs in circulation.

Main application scenarios: Bitfinex transaction fee Bitfinex lending fee Bitfinex withdrawal & top-up fee Bitfinex Derivatives Fee

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LEO is a mature digital currency, based on a complete POS certificate of interest, with high transparency and a simple operating system. Allowing individuals to conduct fast and secure transactions through decentralized P2P networks without being charged fees by third-party agents at a cost close to zero compared to normal bank transfers. L

LEO's experience in this area decided to adopt a new two-protocol approach to publishing our iFinex utility token -UnusSEDLEO. Launched dual protocol for UnusSEDLEO, issued utility tokens on Etruum and EOS blockchains.

Bitfinex issued $1 billion of LEO "tokens and has a buyback mechanism.

Took the unique route of launching dual protocols for UnusSEDLEO, issuing utility tokens on Etruum and EOS blockchains. UNUS, SED, LEO token holders can seamlessly convert between Etruum and EOS protocols using Bitfinex as a bridge between the two chains. To do this, simply deposit 1 LeO-ERC 20 and exit 1 Leo-EOS. Upon completion, Bitfinex adjusts the cold wallet/circulation on the different chains according to demand to connect these chains efficiently.

LEOcoin tokens offer "holder rewards" to their holders, much like the LEOcoin equity rewards you don't need to open or keep your wallet online to earn rewards. To participate in the LEOcoin Holder Rewards, users must have at least 1,000 (one thousand) LeoCoins at a specific LEOcoin token address. The reward is based on the number of Leocoins held at that address.

LEO is the BitMEX exchange's token. It is the first exchange to launch a perpetual contract. The main competitors are USDT and tokens from other platforms

LEO, Bitfinex additionally issued by the newly formed company. Mainly due to Bitfinex to save USDT, the final determination of Bitfinex equal Taiwan dollar. At present, the capital is based on the public chain one-time issue, a total of 1 billion. The way of issuance is first consortium public offering, and then public offering. Note that this is not a constant currency anchored to the DOLLAR. The currency is currently focused on applications. At present, LEO's application scenarios are mainly bitfinex platform applications: discount platform transaction fees, etc. In addition to the platform discount, the currency price support mainly includes the frozen $850 million thawing, platform transaction fees and the repurchase destruction of the equivalent value of the hacked recoverable BTC. And buyback is conditional buyback, that is, uncertainty is strong.

LEO is the Taiwan dollar of Bitfinex exchange, which is not online yet. Bitfinex Exchange has no choice but to issue Taiwan dollar this time, because the New York Procuratorate sued iFinex, the parent company of Bitfinex Exchange. IFinex has two subsidiaries, one is Bitfinex Exchange. One is Tether, the company that issued USDT. Now, the New York Prosecutor's Office has sued iFinex for misappropriating the reserves of Tether USDT to cover the losses of 850 million DOLLARS to Bitfinex (frozen by the judicial system), which means that Tether's RESERVES of USDT cannot be fully paid. Then Bitfinex exchange has to find a way to make up for the embezzled money. Now it has no choice but to issue NT dollars for financing. In addition to the functions of ordinary NT dollars, there are two highlights of this LEO: First, if the money frozen by the judiciary is released one day, 95% of the unfrozen funds will be used to buy back LEO, which is the most imaginative one. Second, if the nearly 120,000 bitcoins stolen in front of Bitfinex exchange are recovered, at least 80% of the recovered assets will be used to buy back LEO. This is also a thought. With current leaks of plans to raise $1 billion, Zhao Dong, a shareholder in cryptocurrency exchange Bitfinex, posted a promotional document on Twitter explaining the exchange's upcoming $1 billion IEO.

That's the Taiwan dollar equivalent of BITFINEX, which claims to be the world's largest and most advanced bitcoin exchange. Practical tokens designed to be the core of the ifinex ecosystem. A total of 1 billion pieces, although the market is not good in the short term, but this Taiwan dollar is a good currency. First of all, it is backed by BITFINEX, an established and well-known digital currency exchange in the industry, and shares the same name with USDT, the largest stablecoin. The development of all Taiwan dollars is heavily dependent on the development of the exchange. LEO behind all the strength of the transaction, and the introduction of the corresponding policy repurchase. Secondly, the ecology of the platform is also very perfect. The value of the so-called only circulating token in the ecology needs to be improved. First of all, it's not just the Taiwan dollar. If you understand BITFINEX, it's owned by ifineX, and the company that issues the currency is not one of those two companies, and there's a company called UNUS SEDLEO LIMITED, The purpose is to cut the direct relationship with iFINex, but also to make up for the loss of part of bitfinex's funds detained by the government. In the end, it's a community of interests. Holding the flat nt can also enjoy the same fee discount as other flat NT, playing new, financial management and so on, support its flat NT maximum value is a big buyback, so as long as the platform develops and grows, it will also enhance the value of the flat NT intangible, interested can pay attention to

LEO, as Bitfinex's nt dollar, raises funds to supplement the corresponding funds issued by USDt. This is mainly because in 2019, The New York Prosecutor's Office froze 850 million DOLLARS of Tether. In this project, there are risks in coordination and communication with other countries' policies, so we have to be cautious.

First of all, it is backed by BITFINEX, an established and well-known digital currency exchange in the industry, and shares the same name with USDT, the largest stablecoin. The development of all Taiwan dollars is heavily dependent on the development of the exchange. LEO behind all the strength of the transaction, and the introduction of the corresponding policy repurchase. Secondly, the ecology of the platform is also very perfect. The value of the so-called only circulating token in the ecology needs to be improved. First of all, it's not just the Taiwan dollar. If you understand BITFINEX, it's owned by ifineX, and the company that issues the currency is not one of those two companies, and there's a company called UNUS SEDLEO LIMITED, The purpose is to cut the direct relationship with iFINex, but also to make up for the loss of part of bitfinex's funds detained by the government. In the end, it's a community of interests. LEO has some promise