IEO
Initial Exchange Offering. A fundraising method where a cryptocurrency exchange sells a new token directly to its users on behalf of the project. IEOs are vetted (to varying degrees) by the exchange, which adds a layer of screening over ICOs.
Mike Starr
Founder, CryptoWizardTools · M.S. Organizational Management
Last reviewed: August 2026
Related Terms
CEX
Centralized Exchange. A cryptocurrency trading platform operated by a centralized company that acts as an intermediary between buyers and sellers.
Liquidity Pool
A collection of funds locked in a smart contract that provides liquidity for decentralized exchanges. Users who contribute to pools earn trading fees as rewards.
Uniswap
The largest decentralized exchange by trading volume, built on Ethereum. Uniswap pioneered the AMM model, allowing users to trade any ERC-20 token directly from their wallet using liquidity pools rather than a traditional order book.
WAGMI
"We're All Gonna Make It." An optimistic crypto community slogan expressing collective belief in a project or the market. It is the positive counterpart to NGMI and is used to build community morale.
Block Reward
The amount of cryptocurrency awarded to a miner or validator for successfully adding a new block to the blockchain. In Bitcoin, the block reward is halved approximately every four years in an event called the halving.