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IEO

By Cryptomcmillan1 | Updated on May 24, 2020
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves. IEOs were popular amongst coin teams as it offered a way for teams to be listed on exchanges upon launch, and was also perceived to be more secure for investors as it is already listed and tradeable.

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Related Terms

Yield Farming
Yield farming involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees.
Byzantine Fault
A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction.
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
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