Revenues From Margin Funding Dedicated To UNUS SED LEO Redemptions

Revenues derived from funding activities used for UNUS SED LEO redemptions

As of Sunday July 14th, a proportion of revenues from margin funding activities on Bitfinex have been allocated to UNUS SED LEO token redemptions. A minimum of 27% of all revenues from margin funding activities will be used to purchase UNUS SED LEO from the open market.

To mark the launch of the funding fee redemptions, we successfully concluded the buyback of 27% of funding fees accrued throughout the previous 40 days on Sunday evening, 18.00 UTC.