A token offering in return for another coin. The initiation of a new cryptocurrency is also known as an ICO.
Ad Hoc
a Latin expression that means "for this purpose" or "specifically for this" in contemporary English.
Pair
Exchange cryptocurrencies with each other, like the trading pair BTC/ETH.
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.