What problem does this service solve?

UNUS SED LEO aims to increase the transparency of how revenues from Bitfinex, Tether, and its related entities are allocated.ZB.COM is a large exchange that caters to the Chinese market.

Token Stats

Company Description

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.

ZB.COM is a Hong Kong based exchange that ranks in the top 20 in terms of trading volume. It caters to the Chinese market and offers advanced trading features.
Trading Fee: 0.2%
Withdrawal Fee: 0.001 BTC
Number of Tokens/Coins: 79
ZB token holders receive discounts on trading fees.

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