According to Foresight News , the decentralized exchange PancakeSwap announced that it will launch the first IFO on the Arbitrum network. This IFO will focus on EigenLayer's liquidity re-staking protocol Eigenpie. The IFO event will start at 18:15 on September 24 and last until 18:15 on September 25. Participation methods include a basic IFO for all CAKE holders and a public IFO that provides fee reductions for veCAKE holders.
Foresight News previously reported that Eigenpie completed its seed round of financing on September 13, with participation from the Arbitrum Foundation and others.