UNUS SED LEO (LEO)

What Is UNUS SED LEO (LEO)?

Who Are the Founders of UNUS SED LEO?

What Makes UNUS SED LEO Unique?

A token burn mechanism means iFinex is committed to buying back UNUS SED LEO from the market on a monthly basis. The amount that’s purchased and burned is equal to at least 27% of the revenues generated by iFinex — and tokens are also purchased at the market rate. In a news release at the time, the company said: “The burn mechanism will continue until 100% of tokens have been redeemed.” Whereas some cryptocurrencies just launch on a single blockchain, LEO tokens were issued on two blockchains. While 64% of the original supply was on Ethereum, the remaining 36% could be found on EOS.

How Many UNUS SED LEO (LEO) Coins Are There in Circulation?

As we mentioned, the circulating supply of LEO tokens is designed to diminish over time. Originally, the total supply was set at 1 billion. LEO was sold for $1 apiece on a 1:1 basis with the Tether stablecoin, meaning that a total of $1 billion was raised over a 10-day period. There were 660 million ERC-20 tokens at launch, as well as 340 million EOS-based tokens — and Bitfinex allows conversions between the two chains to be made with ease. At the time, the company described the dual protocol launch as “unique” — and vowed that it would empower the Bitfinex community.

How Is the UNUS SED LEO Network Secured?

Where Can You Buy UNUS SED LEO?

What tools does Nimbus offer for effortlessly monitoring UNUS SED LEO?

Nimbus provides a user-friendly tracking solution equipped with intuitive tools to monitor UNUS SED LEO effortlessly. These tools are specifically designed for user convenience, allowing individuals to stay seamlessly updated on the latest trends, prices, and information related to UNUS SED LEO. Users can also explore the world of cryptocurrency effortlessly while simultaneously tracking UNUS SED LEO prices. The platform also offers insights into profit and loss, providing a comprehensive experience without the complexity typically associated with monitoring cryptocurrencies.