> For the complete documentation index, see [llms.txt](https://famswaps-organization.gitbook.io/famswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://famswaps-organization.gitbook.io/famswap/launchpad/ifo-initial-farm-offering.md).

# IFO (Initial Farm Offering)

<figure><img src="/files/35dK04Va3Rghm65OfNbE" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
**IFO** refers to an initial farming product that helps projects to launch and distribute their tokens effectively.

*Example:*&#x20;

You can stake FUN-USDT LP to acquire token shares at the initial offering price.&#x20;

Once the project obtains FUN-USDT LP, you will receive the tokens in return.
{% endhint %}

An Initial Farm Offering (IFO) provides users with an exclusive opportunity to participate in a limited-time token sale. During an IFO, users can purchase newly issued tokens at an attractive price point. This unique offering allows participants to acquire tokens at a generous rate, adding to the appeal and potential profitability of the event.