> For the complete documentation index, see [llms.txt](https://nekoswap.gitbook.io/nekoswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nekoswap.gitbook.io/nekoswap/product-features/ido-ifo.md).

# IDO/IFO

Initial Farm Offerings (IFOs) are events that allow users to purchase new tokens at a discounted rate for a limited time. The prices for IFOs and IDOs are typically very favorable.