As blockchain-cryptocurrency innovators are looking for decentralized, censorship-resistant ways of fundraising, relatively new Initial DeFi Offering (IDO) and Initial Liquidity Offering (ILO) methods emerged as efficient answers.. Furthermore, given the rise of Automated Market Makers (AMMs), a token’s liquidity has become a crucial determinant of its market price. Although the market is becoming more competitive and value-oriented, early-stage innovators are facing unprecedented challenges due to these fast-paced changes. Prior to listing, they now have to seek liquidity investments for their tokens. In turn, however, the scenario presents new opportunities for early-stage investors, facilitating higher and more secure returns through liquidity mining. The growth of the decentralized finance (DeFi) ecosystem in the last two years has been explosive, despite DeFi being an almost unknown concept in 2019. According to data from DeFi Pulse, while it took over two years for DeFi deposits to reach $1B in Total Locked Value (TVL) until Q1 2020, it took just a year for DeFi TVL to spike from $1B to almost $52B. In November 2021, DeFi TVL reached more than $100B as the historical peak. As of February 2022, the gross DeFi TVL sits around $75B.