What Does CLO Stand For?

CLO means Creator Liquidity Offering. It’s a way of bootstrapping Liquidity for the Creator Token. CLO’s allow users to get hold of Creator tokens early - before they trade and before users can earn them. Users put XCAD’s into the CLO, those XCAD’s are paired with Creator tokens and locked into liquidity forever (Which to us is better than burning as the tokens have a utility). In return, they receive an amount of Creator Tokens in proportion to the amount of the pool they own.