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Think like a presale IFO = Initial farm offering Buy new tokens using CAKE. The project gets the CAKE, PancakeSwap burns the participation fees CAKE. You get the tokens. New IFO (SANTOS): https://pancakeswap.finance/voting/proposal/QmTMM92Hr8iiB1FZYYQrr7M6U6RjXhf91xkdJnvaCf8BT2 More details of the IFO here: https://docs.pancakeswap.finance/products/ifo-initial-farm-offering

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