![Crypto Terms Glossary: What is Initial Farm Offering (IFO)? Crypto Terms Glossary: What is Initial Farm Offering (IFO)?](/img/165/742/what-is-initial-farm-offering-ifo-sm.webp)
Initial Farm Offerings (IFOs) help new projects get their tokens into the hands of users through yield farming. In exchange for committing their liquidity provider (LP) tokens to a decentralized exchange (DEX) protocol, traders can receive access to new token sales.
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