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Decentralized Finance (DeFi) is now a hot topic amongst the crypto community and stakeholders including regulatory authorities. Decentralsized finance is opening up opportunities to decentralize traditional finance as we know it. The total value in DeFi assets currently stands at $14.11 billion compared to a mere $1 billion at the beginning of 2020. One of the most popular avenues is through an exchange exchange Launchpad, which hosts crypto projects looking to offer an Initial Exchange Offering (IEO) This has been touted as the ‘safer’ option.