Initial Farm Offering (IFO)

Initial Farm Offering (IFO)
  • It acts as a barometer in checking the progress of blockchain technology.
  • IFO offers instant liquidity to the users since the transaction occurs in a decentralized platform.
  • It offers a dual-margin proposition for the transaction and is highly recommended for business fundraising.
  • An open and fair fundraising platform for all the users in the cryptocurrency world.
  • Since the transactions are done with no third party, no commissions are required to pay. Using the liquidity exchange, it is possible to pay a little of the gas fee for the transaction.
  • This platform is more helpful for Pancakeswap users and new investors as it provides an opportunity to burn the CAKE tokens and instant liquidity.
  • Basic sale: with no entry fee, one can deposit up to 100 USD CAKE -BNB tokens. Pancakeswap will calculate the LP amount at the time of IFO launching.
  • Unlimited sale: With no limit in the CAKE_BNB tokens, the user can deposit the desired number of tokens. The user has to pay a certain fee depending upon the platform as the participation fee.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Aaron silva

Aaron silva

Aaron Silva is a well-known cryptocurrency consultant specializing in dealing with digital trading businesses. https://www.infiniteblocktech.com/