The LGO Token[1] was issued in March 2018 by LGO Exchange SAS, a French-based entity. LGOs were bought by more than 9,000 persons in more than 50 countries for a total amount of 3,600 Bitcoins during our Initial Coin Offering in February 2018.

The LGO is a utility token:

  • Clients can access discounts by holding LGO tokens
  • LGOs can be used to pay for services on our platform
  • Daily buyback of 100% of the USD-denominated fees generated by the LGO spot exchange
  • Monthly burn of an equivalent of 25% of net fees generated by the LGO spot exchange
  • Monthly buy back and burn of an equivalent of 25% of profits generated by the LGO OTC platform and OTC desk

ICO Whitepaper
Etherscan

Buy LGO Token

The LGO token is listed on the LGO platform on Uniswap and on iDex.

Fee rebates

LGO token holders have access to fee rebates on the platform. The current fee schedule[2] is :

Bracket 30D Volume[3] 30D Average LGO token balance Maker Fees Taker Fees
2 <30m$ or <100,000 LGO 0.00% 0.10%
1 >30m$ or >100,000 LGO 0.00% 0.05%

Buy & Burn

We will be repurchasing 100% of the USD-denominated fees generated by the LGO Spot Exchange. Additionally we are burning tokens equal to 25% of the net operating margin generated by cryptocurrency trading on the LGO Spot Exchange on a monthly basis.

We will be repurchasing and burning tokens equal to 25% of the profit by OTC trading on the LGO OTC platform and OTC desk.

Burn transactions

Month Amount (LGO) Tx ID
August 2020 293,431 0x87...f88
July 2020 45,542 0xe6...56b
June 2020 50,763 0xc7...f53
May 2020 598,473 0x59...f6f
April 2020 234,443 0xeb...433
March 2020 222,466 0xeb...433
February 2020 192,405.13 0x69...c92
January 2020 76,064 0x54...563
December 2019 0 N/A
November 2019 62,371.57 0xe0...32e
October 2019 66,177.56 0x1a...805
September 2019 83,030.47 0x24...549
August 2019 226,952.18 0x09...256

  1. LGO Token is not available in the United States or other prohibited jurisdictions. If you are located in, incorporated or otherwise established in, or a resident of the United States of America, you are not permitted to transact in LGO Tokens. ↩︎

  2. Market Makers are not subject to the same fee schedule. LGO reserves the right to create bespoke pricing per client. The fee schedule is subject to change at the sole discretion of LGO. ↩︎

  3. Metrics are computed on the first business day of each month. ↩︎