A Quick Guide to Launching Your Own IDO (Initial DEX Offering)

19 day(s) ago
URL: https://blockchain.oodles.io/blog/quick-guide-launching-ido-initial-dex-offering/
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An IDO is a type of crowdfunding in which an issuer distributes IDO coins through a decentralized liquidity platform. A decentralized liquidity exchange is a sort of cryptocurrency asset exchange that uses liquidity pools to enable traders to trade tokens. Liquidity pools consist of stable coins and crypto-assets. USDT/ETH, for instance, is a liquidity pair. Depending on market conditions, traders can switch pairs between different crypto assets and stable coins. As stablecoins have low volatility, they enable traders to securely control the high volatility of crypto tokens and assets by swapping them. As a result, decentralized liquidity exchanges make it possible for businesses to issue a token and gain quick access to funds.

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