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UNUS SED LEO serves multiple roles within the iFinex ecosystem. Primarily, it was developed for three principal functions:
Replenishing the Bitfinex Budget: Following a substantial seizure of $850 million in funds, LEO serves to cover this deficit, stabilizing the financial foundation of the exchange.
Expanding Opportunities for Service Customers: LEO tokens empower users with multiple advantages, including reduced trading fees, lower lending costs, and access to exclusive products and services. This not only incentivizes trading but also fosters a committed user base.
iFinex Ecosystem Development: Beyond immediate financial concerns, LEO is integral to the ongoing development and innovation within the iFinex ecosystem. This includes supporting projects such as the Hodl Hodl decentralized exchange (DEX) and other ventures that align with the organization's long-term vision.