Tokens Exchange vs UNUS SED LEO vs COSS
What problem does this service solve?
Tokens Exchange aims to allow traders to take a larger role in governing their exchange. | UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated. | COSS lets users trade a variety of cryptocurrency pairs. |
Token Stats
Company Description
Tokens is developing a cryptocurrency exchange for ERC20 tokens that will be powered by their native Dynamic Trading Rights token. Their exchange places a strong emphasis on community driven governance. They have developed a mechanism that allows DTR token holders to be consulted about the future direction of their trading platform and what additional token pairs will be listed. | UNUS SED LEO is an initiative started by Bitfinex that is focused on increasing the exchange's transparency. UNUS SED LEO means "one, but it's a lion" in Latin. The iniatative was created to increase the transparency of the exchange's finances, following a controversy related to the allocation of reserves from the stablecoin Tether, that was created by the same parent company as the Bitfinex exchange, iFinex. It is built around a token burning redemption mechanism which is tied to the parent company's revenues. Their dashboard provides insights into the fees that are collected, and the LEO tokens that are burned. | COSS is a cryptocurrency exchange that aims to be a comprehensive platform for managing digital assets. COSS is short for Crypto One-Stop Solution. COSS token holders will receive a share of the revenues that are generated from fees. The exchange also issued the CFT token, which provides holders a 25% discount on trading fees. |