IFO (Initial Farm Offering)

Buy new tokens using CAKE.

The project gets the CAKE, PancakeSwap burns the participation fees CAKE. You get the tokens.

• You will need CAKE to participate.
• You will need iCAKE to participate in Public Sales.
• You will need to meet certain requirements to participate in Private Sales.

How to Participate in an IFO？

An IFO on PancakeSwap is an Initial Farm Offering. IFOs let you get early access to PancakeSwap’s new tokens as soon as they are added. By being one of the first to have a new token, you can benefit from higher rewards!

IFOs are available for a very limited time. Get ready ahead of the event to make sure you can participate!

Before the IFO

Before you can join an IFO there are a few things you will need to do to get ready. Follow the steps below to make sure you're ready to buy when the IFO event goes live.

• Create your PancakeSwap profile

To take part in an IFO, you'll need a PancakeSwap profile. Having a profile protects the security of the IFO and makes it fair for everyone. The small cost of a profile also helps keep the total CAKE supply down by burning a little CAKE from each profile created. To create a profile, you can follow our How to Set Up an NFT Profile guide here.

• Lock CAKE in the CAKE Syrup Pool to get iCAKE

iCAKE determines the maximum CAKE commit limit in the PancakeSwap IFO public sales. For example, if you have 200 iCAKE, you will be able to commit 200 CAKE in any upcoming IFO public sales. The number of iCAKE you have is based on the number of CAKE staked in the fixed-term CAKE staking pool and the total staking duration of your current fixed-term staking position.

To get iCAKE, go to the IFO page here. Locate the CAKE syrup pool card, and click "Locked" under "Stake CAKE" to proceed.

PancakeSwap Community

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