- An Initial DEX Offering is a type of decentralized crowdfunding
- It is a way for crypto ecosystems to raise funds for projects
- IDOs are the latest successors for ICOs, IEOs, and STOs
An IDO, or Initial DEX Offering, is a new type of decentralized crowdfunding that is permissionless that gives crypto ecosystems a way to raise funds for projects. An IDO occurs when a decentralized finance project launches a token or coin through a decentralized liquidity exchange, a type of digital asset exchange for liquidity pools. On these liquidity exchanges, users can swap stablecoins and crypt coins.
IDOs are the latest successors for ICOs, IEOs, and STOs, offering immediate and better liquidity for different price levels. This makes IDOs the best option for new DeFi projects that are keen on launching tokens to raise funds.
IDOs offer a fair way of launching new crypto projects for any developer looking to avoid pre-mines.