CAKE platform function 6 IFO (Initial Farm Offering)
Other project parties in BSC can raise funds through Pancakeswap's IFO, which is similar to IEO. The difference is that users need to pay for LP Token of the CAKE/BNB trading pair to participate in IFO. After the IFO is completed, the BNB behind the LP Token will be delivered to the project party, and the CAKE will be destroyed. In other words, half of the IFO funds will be destroyed