A token offering in return for another coin. The initiation of a new cryptocurrency is also known as an ICO.
Impermanent Loss
When there is a price difference between the two assets a trader owns on a DEX, often a cryptocurrency and a stablecoin (such as USDC), impermanent loss might occur.
Active management in crypto refers to an investment strategy where portfolio managers actively make buying and selling decisions to try to outperform the market and generate higher returns.