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90
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Market Cap
3.425T
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83

LEO Token

LEO
OG Rank: 59
Market Cap Rank: 23 ($8.20B)
ACTIVE
About

LEO (Unus Sed Leo) is a utility token launched by iFinex in 2019 on Ethereum and EOS blockchains... Learn More

Category
Exchange-based Tokens Centralized Exchange (CEX)
Founder
iFinex
LEO Price

$8.87

24h 4.99%
7d -2.18%
All time low ($0.799859)
($8.9) All time High

OG Score

Based on 1 OG evaluation

TBA

...

LINKS

Web Site
Explorer
Social

OGAudit Evaluation Points

37.77
27.60
Use Case & Tech

Use Case & Tech

Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is the product or service as useful, fast and inexpensive as advertised? How robust is this network/contract and are there up-to-date technical audit reports from various reputable auditors? Was the network/contract halted before? Have there been any serious hack or exploits? If so, were the victims adequately compensated?
24.30
Promising and Growing

Promising and Growing

How realistic are the team's vision, mission, and goals? Does the team have a clear roadmap and consistently fulfill their promises? Can the team adapt to market changes and meet user demands?
80.20
Revenue Model

Revenue Model

Does the project have sustainable and diversified revenue income models? Additionally, does it possess sufficient resources to sustain its operations in the medium to long term?
69.10
TVL & Liquidity

TVL & Liquidity

Is the TVL (Total Value Locked) or staked assets on the platform at a sufficient rate compared to the market cap? Note: High TVL or staked assets generally indicate trust in the ecosystem or the smart contract. If there is a token, is there sufficient liquidity and volume in DeFi and CEX?
22.10
Tokenomics, Utility

Tokenomics, Utility

What is the token circulation ratio to maximum supply? What is the impact of mining, staking, and LP incentives on token inflation? Is the vesting schedule evenly spread over multiple years? What is the ratio of tokens held by the team and whales? Note: High inflation, low circulating supply, and significant whale/team token holdings are main reasons for low ratings.
N/A
Community & DAO

Community & DAO

Does the team value and prioritize community input and use on-chain voting for decisions? Is decision-making equitable, or do the whales have undue influence? Are diverse and local communities well-supported, with emphasis on quality interactions over quantity? Has there been a large-scale airdrop for the community?
59.40
Team & Partners

Team & Partners

Are the core team members experienced and transparent, or are they anonymous? Is the team large enough and experienced compared to similar projects, and are they actively recruiting new talent? Are partnerships strong and conducive to industry advancement? Does the ecosystem have growth potential?
19.80
Education and Support

Education and Support

Are there sufficient, clear, and up-to-date materials about the product/service in the webpage/whitepaper and community channels? Do they regularly share news/updates and host AMA sessions? Is the user retention rate high, are they professional and solution-oriented in terms of user support?
36.40
Marketing / Socials

Marketing / Socials

Are social media and marketing strategies effective and sustainable? Do they organize entertaining, educational, and rewarding events and campaigns? Can they create and spread quality viral content? Is their social media presence organic, or the follower count, and post engagements are manipulated by bots?
1.00
Gem Scope

Gem Scope

Considering all the points you have evaluated, especially the market cap, what is the potential of this project to be considered a 'gem'?
37.77
27.60
Use Case & Tech

Use Case & Tech

Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is the product or service as useful, fast and inexpensive as advertised? How robust is this network/contract and are there up-to-date technical audit reports from various reputable auditors? Was the network/contract halted before? Have there been any serious hack or exploits? If so, were the victims adequately compensated?
24.30
Promising and Growing

Promising and Growing

How realistic are the team's vision, mission, and goals? Does the team have a clear roadmap and consistently fulfill their promises? Can the team adapt to market changes and meet user demands?
80.20
Revenue Model

Revenue Model

Does the project have sustainable and diversified revenue income models? Additionally, does it possess sufficient resources to sustain its operations in the medium to long term?
69.10
TVL & Liquidity

TVL & Liquidity

Is the TVL (Total Value Locked) or staked assets on the platform at a sufficient rate compared to the market cap? Note: High TVL or staked assets generally indicate trust in the ecosystem or the smart contract. If there is a token, is there sufficient liquidity and volume in DeFi and CEX?
22.10
Tokenomics, Utility

Tokenomics, Utility

What is the token circulation ratio to maximum supply? What is the impact of mining, staking, and LP incentives on token inflation? Is the vesting schedule evenly spread over multiple years? What is the ratio of tokens held by the team and whales? Note: High inflation, low circulating supply, and significant whale/team token holdings are main reasons for low ratings.
N/A
Community & DAO

Community & DAO

Does the team value and prioritize community input and use on-chain voting for decisions? Is decision-making equitable, or do the whales have undue influence? Are diverse and local communities well-supported, with emphasis on quality interactions over quantity? Has there been a large-scale airdrop for the community?
59.40
Team & Partners

Team & Partners

Are the core team members experienced and transparent, or are they anonymous? Is the team large enough and experienced compared to similar projects, and are they actively recruiting new talent? Are partnerships strong and conducive to industry advancement? Does the ecosystem have growth potential?
19.80
Education and Support

Education and Support

Are there sufficient, clear, and up-to-date materials about the product/service in the webpage/whitepaper and community channels? Do they regularly share news/updates and host AMA sessions? Is the user retention rate high, are they professional and solution-oriented in terms of user support?
36.40
Marketing / Socials

Marketing / Socials

Are social media and marketing strategies effective and sustainable? Do they organize entertaining, educational, and rewarding events and campaigns? Can they create and spread quality viral content? Is their social media presence organic, or the follower count, and post engagements are manipulated by bots?
1.00
Gem Scope

Gem Scope

Considering all the points you have evaluated, especially the market cap, what is the potential of this project to be considered a 'gem'?

OG REVIEWS

Latest OG Reviews
CryptoApe Wallet No:xxxx-5f294
25/09/2024 18:20
LEO @ $5.75
Unus Sed Leo (LEO) token, is the Bitfinex trading/fee discounts.
Bitfinex Exchange and trade in very large volumes may find these benefits advantageous. Otherwise, it's pretty much useless for the average Joe

and*Fee reductions are subject to change at Bitfinex’s discretion 😅
37.76
High Ratings
Low Ratings
CryptoApe Wallet No:xxxx-5f294
25/09/2024 18:20
LEO @ $5.75
Unus Sed Leo (LEO) token, is the Bitfinex trading/fee discounts.
Bitfinex Exchange and trade in very large volumes may find these benefits advantageous. Otherwise, it's pretty much useless for the average Joe

and*Fee reductions are subject to change at Bitfinex’s discretion 😅
37.76

LEO Token Price

Price Statistics

LEO Token Price $8.87
24h Low / 24h High $8.26 / $ 8.90
Market Cap Rank #23
Market Cap $ 8.20 B
Circulation Supply $ 924.80 M
Total Supply $ 985.24 M
Max Supply $ 0.00
All Time High $ 8.9
All Time Low $ 0.799859
ICO/IDO Price 0

LEO Token Markets

Exchange Pair Og Score TBA 24h Volume

About Project

What is LEO Token (LEO)?

Unus Sed Leo (LEO) stands out in the world of cryptocurrencies with its distinctive features and innovative tokenomics. Launched in 2019 by iFinex, a Hong Kong-based corporation, LEO serves as a utility token supporting the ecosystem of Bitfinex, one of iFinex's key projects.

 

Dual Blockchain Launch:

What sets LEO apart is its dual blockchain launch. While 64% of the initial supply resides on the Ethereum blockchain, the remaining 36% is hosted on EOS. This dual protocol launch was described as "unique" by the company, emphasizing its commitment to empowering the Bitfinex community.

 

Token Burn Mechanism:

An aspect of LEO's tokenomics is the monthly token burn mechanism. iFinex is dedicated to buying back LEO tokens from the market, with the quantity purchased and burned equivalent to at least 27% of the revenues generated by the company. This burn mechanism will persist until 100% of the tokens have been redeemed, showcasing a commitment to gradually reduce the circulating supply.

 

Limited Supply and Initial Offering:

The total supply of LEO tokens was initially set at 1 billion, with a unique approach to the initial offering. LEO was sold for $1 each on a 1:1 basis with the Tether stablecoin, resulting in a total of $1 billion raised over a 10-day period. The launch comprised 660 million ERC-20 tokens and 340 million EOS-based tokens, allowing for seamless conversions between the two chains on Bitfinex.

 

Utility and Discounts:

LEO's utility is crystal clear, primarily supporting Bitfinex to cover deficits and reduce platform user expenses. Token holders enjoy a 15% discount on cryptocurrency trading fees, adding tangible value for participants. Additionally, LEO holders gain exclusive perks and privileges when utilizing various iFinex services, such as Ethfinex Trustless, Eosfinex, Dazaar, and more.

 

Origins and Unique Tokenomics Model:

The creation of LEO stemmed from the aftermath of Bitfinex's $850 million loss in 2018 due to the collapse of Crypto Capital, a payment services provider. In response, iFinex devised a unique tokenomics model to regain its reputation and compensate for financial losses. The result was the LEO token, which was introduced through a private sale via an initial exchange offering (IEO), attracting investors interested in supporting Bitfinex's recovery.

 

Conclusion:

Unus Sed Leo (LEO) stands as a testament to innovation in the cryptocurrency space. With a dual blockchain launch, a monthly token burn mechanism, and tangible benefits for holders, LEO exemplifies a unique approach to utility tokens. As iFinex continues its commitment to token redemption, LEO remains a symbol of resilience, offering advantages to both Bitfinex and its dedicated community.

Unus Sed Leo (LEO) was created as a response to Bitfinex's significant loss of $850 million in 2018 due to the collapse of Crypto Capital. The unique tokenomics model, leading to the creation of LEO, aimed to compensate for these losses and regain Bitfinex's reputation.

What is unique about LEO Token (LEO)?

Unus Sed Leo (LEO) stands out for its innovative token burn mechanism, where iFinex commits to buying back and burning at least 27% of the tokens using its revenues every month. This process continues until 100% of the tokens have been redeemed, distinguishing LEO from other cryptocurrencies.

Who are the founders of LEO Token (LEO)?

iFinex is the founder of Leo.

Where can I buy LEO Token (LEO)?

 

What are LEO Token (LEO) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like LEO Token LEO. To access these ratings, evaluations, and comments, click here.

How to mine LEO Token (LEO)? How can I stake LEO Token (LEO)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of LEO Token (LEO)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  LEO Token (LEO) is ($924,800,677), max supply of LEO Token  LEO is ($0) and the market cap of LEO Token  LEO is ($8,204,185,836). 

What is the LEO Token (LEO) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of LEO Token (LEO)?

The current market price of LEO Token (LEO) is $8. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is LEO Token (LEO) a good investment?

It is important to do comprehensive research before deciding whether LEO Token (LEO) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (LEO Token LEO) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does LEO Token (LEO) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether LEO Token (LEO) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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