SteemLeo is a new Steem-Engine Tribe centered around the topic of investing. It has a Steemit condenser (UI) clone of its own and token that goes with the ticker LEO. LEO tokens were claimdropped to those Steemians who have staked PAL tokens. That's a pretty neat way of distributing the coin because PAL tokens were claimdropped based on past user activity on the platform. LEO tokens were not dropped to just anybody but those who had staked their PAL tokens, indicating a belief in Palnet and the Steem-Engine project in general.
Just stake those coins, people. You ain't seen nothing yet. We're witnessing the beginning of a torrent of drops as part of a flurry of new communities with tokens of their own being formed in the Steem ecosystem. Finally, the vision outlined in the Steem Whitepaper is coming together. Granted, Steem-engine is centralized at this stage but there are plans to decentralize it. This is what it was always meant to be. Steem on friends!