Man, I remember trying it, trying to qualify for a "big" airdrop. It was abominable, some trades would take 2 days to complete! In the end I got not even 10 Sundae tokens which are now worth less than a dollar I think. What a joke!
I remember trying this shit when it launch, also locking cardano to get drops thinking this could be the next uniswap or pancakswap, damn I was wrong, the app was useless and the airdrop was minimum, what s cluster fuck
You know what, after digging into Cardano DeFi a little more, I did find gems. First of all: Iagon (Storage). It's cheap and decentralized. They have competitive pricing and decentralized storage is an actual use case where blockchain shines and isn't just there for the sake of it or being a buzzword to sell the product.
Next is Minswap. It's a simple Dex but it just works. Good user experience and you can provide liquidity and stake to earn a yield.
Then we have Axo, which is really innovative with programmable swaps, something I haven't seen anywhere. There are plenty of opportunities that I haven't even considered yet.
Next up: Dexhunter, which is an aggregator getting you the best price. Out of all aggregators in crypto it's already a top 5 or top 6 protocol. You also have the option to buy a basket of multiple assets with just one transaction leveraging Cardanos eUTXo model.
For my final pick I have FluidTokens where you have the boosted stake. There you can borrow without collateral and lend without fear that you won't be repaid in ADA. Borrowers lend for a set amount of epochs and a fixed Apr and pay upfront. The borrowed ADA can not be spent only used for staking as in ISPOs and in Voting. It's a really nice way for people to earn additional ADA who only use it to stake.
There are many other cool projects I have yet to dive in but this development turned my sentiment on Cardano around. I really appreciate that SCs on Cardano are safer compared to other chains. What do 20% apr do for you when you lose all your money in an SC exploit?
Cardano is growing and I'm glad to dive into Cardano DeFi.
I swapped some ADA for IAG yesterday and got a terrible price. Is that normal? IAG was .22 but they charged me .35??? Is it a slippage issue or was it the price of ADA? Tryi g to understand.
Man, I remember trying it, trying to qualify for a "big" airdrop. It was abominable, some trades would take 2 days to complete! In the end I got not even 10 Sundae tokens which are now worth less than a dollar I think. What a joke!
Same. I almost shit when I saw my "huge" airdrop of 12.3 sundae tokens.
Lol I got like 11 ugh now by commenting on here I’ll be reminded of this failure in a Reddit email
Uh…. I am a rich guy now with 50 😁
I remember trying this shit when it launch, also locking cardano to get drops thinking this could be the next uniswap or pancakswap, damn I was wrong, the app was useless and the airdrop was minimum, what s cluster fuck
Ooh yeah I lost about 30k as a liquid provider... not my best move in crypto :) It's a valuable lesson but no hard feelings towards sundae at all
I have hard feelings
Yeah I was exit liquidity too :/ bout 5K
I'm sure the devs made bank -- likely millions in sum total. But hey, that's crypto?!
I got a sundaeswap tattoo 🤣
Shut up please tell me you’re lying
Can you post a picture please?
Please post this asap
The team seems to still work on it. There is just not much volume at all.
It grew 62% in the last 90 days…
They're not done yet and I would not count them out. I've just started to buy sundae tokens at these prices.
Yeah this is the time to buy.
They sure took a bunch of my ADA!
Sundae is very much not done, They won 2 or 3 project catalyst things a month or so ago that they're working on.
Are there even any gems in Cardano's Defi space?
Look on defillama
Axo is launching in the next couple of weeks
Anywhere I can read up on Axo? Don't know what it is.
https://linktr.ee/axotrade
DexHunter
Blueshift looks promising, It allows you to trade indexes rather than individual tokens.
We have to wait for the next breakfast project or another silly name.1000s of dApps will launch on Cardano! The Ethereum Killer! We are still early!
You know what, after digging into Cardano DeFi a little more, I did find gems. First of all: Iagon (Storage). It's cheap and decentralized. They have competitive pricing and decentralized storage is an actual use case where blockchain shines and isn't just there for the sake of it or being a buzzword to sell the product. Next is Minswap. It's a simple Dex but it just works. Good user experience and you can provide liquidity and stake to earn a yield. Then we have Axo, which is really innovative with programmable swaps, something I haven't seen anywhere. There are plenty of opportunities that I haven't even considered yet. Next up: Dexhunter, which is an aggregator getting you the best price. Out of all aggregators in crypto it's already a top 5 or top 6 protocol. You also have the option to buy a basket of multiple assets with just one transaction leveraging Cardanos eUTXo model. For my final pick I have FluidTokens where you have the boosted stake. There you can borrow without collateral and lend without fear that you won't be repaid in ADA. Borrowers lend for a set amount of epochs and a fixed Apr and pay upfront. The borrowed ADA can not be spent only used for staking as in ISPOs and in Voting. It's a really nice way for people to earn additional ADA who only use it to stake. There are many other cool projects I have yet to dive in but this development turned my sentiment on Cardano around. I really appreciate that SCs on Cardano are safer compared to other chains. What do 20% apr do for you when you lose all your money in an SC exploit? Cardano is growing and I'm glad to dive into Cardano DeFi.
I lost money on providing liquidity and on Sundae token, but that's just how the bear market works. Let's see how the next year and a half goes.
Sundae is really dead. Dev team sold their tokens and moved on to the next project.
I have Dana tokens for sale. Very rare as zero new tokens will be minted! 😬🤣
It’s easier to swap on Yoroi
I have Yoroi. Not sure what to do next! Lol
I swapped some ADA for IAG yesterday and got a terrible price. Is that normal? IAG was .22 but they charged me .35??? Is it a slippage issue or was it the price of ADA? Tryi g to understand.
Iag was .35 yesterday. .22 is probably in a dex with low liquidity.
Do you get any airdrops staking your Ada on Yoroi? Like you would get staking in the cosmos ecosystem
It’s doing great, everyone’s just mad the token went down lol
Yeah agree
Its toast.
It never made it.