What is the issue price of LEO coins? Introduction to the issue price and issue quantity of LEO coins

The initial issue price of LEO coins, the native utility token of LEO Finance, was set at $2.17 USD during the public token sale held in January 2021.

Oct 08, 2024 at 11:47 am

Understanding the Issue Price and Issue Quantity of LEO Coins

1. What are LEO Coins?
LEO (LEO Coin) is the native utility token of the LEO Finance platform, a blockchain-based social media platform for finance and cryptocurrency.

2. Issue Price of LEO Coins
The initial issue price of LEO coins was $2.17 USD during the public token sale held in January 2021.

3. Issue Quantity of LEO Coins
A limited supply of 1,000,000 LEO coins was created during the initial issuance. No further coins will be created unless the LEO Finance community decides to increase the supply through a governance vote.

Breakdown of Issue Quantity:

• 500,000 LEO distributed to early contributors and supporters
• 250,000 LEO reserved for future development and ecosystem growth
• 150,000 LEO allocated for liquidity on exchanges
• 100,000 LEO set aside for airdrop programs and community incentives

4. Current Market Price of LEO Coins

The current market price of LEO coins may vary depending on supply and demand on cryptocurrency exchanges. As of [insert date here], LEO is trading at approximately [insert price here] USD.

Conclusion

The issue price of LEO coins was established at $2.17 USD during the public token sale in January 2021. A finite supply of 1,000,000 LEO coins was created, with a distribution strategy outlined to support the platform's development and community growth. The current market price of LEO coins fluctuates based on market conditions.