Initial Defi Offering – CuBitREvolution

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New offering that launches through a decentralized exchange and has no KYC / whitelisting requirement.

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Alternative Meanings:

Initial DeFi Offering [IDO]

A method of setting an initial exchange rate for a new token. A user can be the first liquidity provider on a pair, such as the new token and a stablecoin such as USDC. Essentially, the user establishes an artificial floor for the price of the new token.