PancakeSwap to Launch First IFO on Arbitrum Network

According to Foresight News, decentralized exchange PancakeSwap has announced its inaugural Initial Farm Offering (IFO) on the Arbitrum network. This IFO will focus on EigenLayer's liquidity re-staking protocol, Eigenpie. The event is scheduled to begin on September 24 at 18:15 UTC+8 and will conclude on September 25 at 18:15 UTC+8. Participants can join through a basic IFO available to all CAKE holders, as well as a public IFO with reduced fees for veCAKE holders. Previously, Foresight News reported that Eigenpie completed its seed round of financing on September 13, with participation from the Arbitrum Foundation and other investors.