Initial DEX Offering (IDO) is when a project launches a token using a decentralized exchange.

An IDO is similar to an Initial Coin Offering (ICO), but instead of being launched on a centralized exchange, the token is launched on a DEX.

IDOs have become a popular way for projects to raise capital and launch their tokens on the market. Unlike ICOs, which are subject to regulations and require investors to go through a centralized intermediary, IDOs are decentralized and allow investors to directly participate in the launch of a new token.

Overall, IDOs are a key part of the DeFi ecosystem, providing a way for projects to raise capital and launch their tokens on decentralized exchanges. They offer investors a more transparent and decentralized alternative to ICOs, and are an important part of the growing DeFi ecosystem.

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