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UNUS SED LEO

UNUS SED LEO (LEO) Ethereum

Calificación4.4
  • Coin: UNUS SED LEO (LEO)
  • Launch Date: 2019-05-21
  • Dirección: 0x2af5d2ad76741191d15dfe7bf6ac92d4bd912ca3
  • Plataforma: Ethereum
  • Sitio web: www.bitfinex.com
  • Exploradores: etherscan.io, www.okx.com, eospark.com, eosflare.io, blockchair.com
  • Etiquetas: Marketplace, Centralized Exchange (CEX) Token, Discount Token, Payments, Kenetic Capital Portfolio, Alameda Research Portfolio
  • Reddit: bitfinex
  • Facebook:
  • Twitter: bitfinex
  • Ranking: 592
  • Calificación: 4.4
  • # 20

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.