What is Initial Liquidity Offering?
Initial Liquidity Offering (ILO) is a new fundraising mechanism through which many projects and startups raise funds by selling tokens on the DeFi based Decentralized Exchanges without undergoing the process of ICO.
This Initial Liquidity Offerings (ILO) is taking the cryptocurrency globe to the next level and many reports say that it is emerging as the most popular way to launch new tokens which will overtake the significant value of the ICO.
As this crypto globe echoes the term DeFi loudly, the impact of Decentralized Finance has merely drifted the global cryptocurrency market to the next level as a whole.
With new innovations and solutions each day, DeFi plays a major role in the digital world. The main term of DeFi, the “Liquidity” through the Automated Market Making (AMM) mechanism has paved a new way for all startups to raise funds, which is “Initial Liquidity Offering (ILO)”.
