# Initial DEX Offering {% hint style="info" %} **IDO is not deployable for non-DAO users** {% endhint %} An IDO is crowdfunding opportunity where payment tokens are exchanged for any issuing token as token share representation. On completion, the payment token raised including allocated issuing tokens are paired together to create a liquidity for decentralized exchanges. This ensures that funds raised are instantly added to liquidity to mitigate risk of issuing token becoming invaluable after the funding completes. We have created an IDO contract that can be deployed by our factory contract that has some unique features based on most requested functionality by the community and parties. We evolved our contracts when we did our pre-seed funding opportunity from our community and immediately add features that benefited the participants and referrals #### IDO Contract Features * Direct Token Swap * Payout Splitting * Liquidity Creation on Completion * Custom Token Pair Configuration * Sub Pooling with Different Pricing * Scheduled Liquidity --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://xircus.gitbook.io/whitepaper/xircus-studio/the-launchpad/initial-dex-offering.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.