SundaeSwap Farming, Dex & ISO Launch

SundaeSwap is launching it’s fully functional beta dex, farms with SUNDAE rewards and ISO.

They have not announced a time for the launch, only that it’s Jan. 20 evening EST. I’ve set this for noon EST as a placeholder.

DETAILS

• ISO details:
  • SUNDAE will be awarded for wallets delegating to approved “ISO Scooper” pools, see the list here
  • ISO begins January 20, and lasts for 5 epochs
  • 5% of the total SUNDAE supply will be awarded, 1% per epoch
  • Delegate prior to January 25 at 21:45 UTC to be eligible for the first round
  • Details on how to claim your SUNDAE and how to check your outstanding rewards “will be shared soon”
• Farm details:
  • 500,000 SUNDAE will be awarded over 6 months
  • Initial pools eligible for farm rewards are SUNDAE-ADA, LQ-ADA, WMT-ADA and CARDS-ADA
  • Pools that receive rewards may be adjusted by community vote
  • Yield farming contracts last 30 days, after 30 days users can withdraw their LPs
  • Early withdrawal (before the 30 day contract is up) results in no farming rewards
• Dex details:
  • Performance projections predict a backlog of dex orders over the first few weeks, up to hours or even days to process at first
  • They expect performance to improve as adjustments are made by the SundaeSwap and Cardano teams
  • A dex order can be cancelled at any time prior to processing