SHO, also short for Strong Holder Offering is a method to raise capital from investors who are only eligible based on their on-chain activity. A SHO is generally offered to users who use and support competing protocols. For example, a new Decentralized Exchange (DEX) launching a token could provide users of a competing DEX a SHO position for providing liquidity or performing token swaps.
Strong Holder Offering (SHO)
Defenition: SHO, aka Strong Holder Offering is a method to raise capital from investors who are only eligible based on their on-chain activity.
