LEO (UNUS SED LEO)
Project basic information
Issue Time：01/05/2019
Circulation：953,954,130
White paper：https://www.bitfinex.com/wp-2019-05.pdf
Website：https://www.bitfinex.com/
Block Explorer：https://etherscan.io/token/0x2af5d2ad76741191d15dfe7bf6ac92d4bd912ca3
Project Introduction
UNUS SED LEO is a utility token that’s used across the iFinex ecosystem. The unusual name is based on a Latin citation from one of Aesop’s fables.
The cryptocurrency allows Bitfinex users to save money on trading fees. The extent of the discount depends on how much LEO that the customer has in their account — and the savings on offer are spread across three tiers. There are fluctuations depending on whether a trading pair is crypto-to-crypto, or crypto-to stablecoin.
UNUS SED LEO launched in May 2019 — and unlike many other cryptocurrencies out there, it is not designed to exist forever.