Bitfinex Announces The Launch of UNUS SED LEO Transparency Initiative

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One of the leading crypto exchanges, Bitfinex announces the launch of UNUS SED LEO Transparency Initiative. This initiative is built around a real-time token burn redemption mechanism. This mechanism marks the launch of LEO burn mechanism which may see iFinex gross revenues allocated to purchase the circulating LEO tokens at market rates.

Basically, to complement the launch of UNUS SED LEO burn mechanism, Bitfinex Exchange launched the ‘LEO Transparency Dashboard’….

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