A question about Leo Finance

in LeoFinance2 years ago

I'm new here. Fascinated by the Hive chain and all it's capabilities. I have a quick question (apologies if this a answered elsewhere - I did have a quick look). I have a Bitfinex account that has Leo coins which are used to discount trading fees. The symbol looks kind of similar - but I'm not too sure. Is this Leo (community) related in any way to the iFinex ecosystem Full name UNUS SED LEO. I'm guessing not.

My question is therefore can someone please point me to an explanation of the Leo coin as per this Leofinance community?

On my profile I can see a wallet tab under the tab is my Hive wallet - cool I get that. But there is also a Leo Wallet and and ETH LWALLET. So I'm a bit confused.com. I'll get there!

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I think I am some of the way to answering my questions. Leo is a token on the Hive chain. Leofinance.io is a portal or window for the Leo specific community. Leo tokens are used to incentivise participation amongst other things.

The about page on peakd.com was a useful quick guide. https://peakd.com/c/hive-167922/about

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Its a totaly different thing.
Leo is a second layer token on Hive, you earn it on top of Hive...you can trade on Hive Engine, Tribaldex, BeeSwap... all same portals to one dex.

But leo has wrapped versions on ETH, BSC and Polygon... you can move the token between chains... and the team behind leo has build dexs on the other chain so their is a small liquidity for that token there as well.