Bitfinex will direct part of the profits from the Tokinex platform to buy LEO

Bitfinex Cryptocurrency Exchange expands its own UNUS SED LEO tokens purchase program. So, now she will buy tokens from the market, using not only a part of the monthly total income of the exchange itself, but also funds received from conducting initial stock exchange (IEO) on the Tokinex platform.

Ink for the redemption of the LEO tokens, I’m pleased to admit tokens.

For more information, please see: https://t.co/nvLDlGbirz pic.twitter.com/zQfw6cJVEq

– Bitfinex (@bitfinex) July 8, 2019

"In accordance with our obligations to the owners of UNUS SED LEO to allocate funds for the redemption of LEO tokens, we are pleased to announce the use of 27% of Tokinex's past and future revenues to acquire them," the exchange said.

In addition, during the previous 15 days, Bitfinex acquired LEO tokens by 27% of the proceeds from the Ampleforth IEO project . Subsequently, these tokens will be burned.

The exchange also stated that within the next weeks additional opportunities will be added to the holders of UNUS SED LEO as part of the bonus program .

Recall that Bitfinex is going to release its own token, it became known in late April.

Later, the exchange announced the launch of a mechanism for burning tokens, and also presented a “transparency initiative” for public control over this process.

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