CSWAP

SimplyShred

Who is lucky enough to buy CSWAP before it competes with Uniswap

SimplyShred

Who here is buying CSWAP? It’s definitely one of the best projects I’ve seen in 10 years. This is the evolution of crypto right here. We’re early

RealAdinRoss

$CSWAP. Bought at 0.04

BasedCaesar

The CSWAP-Sundaeswap lawsuit.

RedFalconEyes

When the chats of 150 million airdrop for CSWAP leaked, CSWAP liquidity was at 20 million. In no possible or fathomable way you would think that he was expecting 200 million TVL at that point lmao

RedFalconEyes

The only thing Sundaeswap promised CSWAP was "they will compensate well" for holding. A Twitter account posted a text convo where Cardstarter CEO agreed upon with Sundaeswap members that airdrop will be 150 million tokens. So, obviously not legally enforceable

RedFalconEyes

1. Cardstarter launches its own Dex, incentivises liquidity providers with CSWAP tokens. 2. Cardstarter then decided to merge with Sundaeswap, another DEX. Deal is struck so that existing Cardstarter Liquidity providers who continue to provide liquidity, now to the Sundaeswap pool get airdropped 150 million Sundae tokens out of 2 billion Sundae supply. 3. Sundaeswap decides to slash the 150 million Sundae token airdrop to just 10 million. 4. Chaos

sapiensane

If there is a rugpull here, it's Cardstarter saying they were going to create a DEX, issuing CSWAP tokens for it, then not creating anything. It's textbook. Also textbook rugpull to then say, " Don't worry, we're going to make it good by giving you something else entirely that you didn't want" and then blaming other people when they can't even do that. I wouldn't hire these guys to wash my car. This is just incompetent people doing dumb things, and it's a problem with Cardano's community funding system for startup projects. They get handed money without even the most basic due diligence on whether they know what they're doing at all. This kind of thing happens on every decentralized system. It has nothing to do with it being on Cardano specifically except that these Cardstarter fools should never have gotten a dime of ecosystem funding.

gbtl

both teams are doxxed though, and Sundaeswap is supposed to be the darling of Charles Hoskinson ​ Us CSWAP investors aren't putting in a bunch of money for no reason

TNGSystems

Couple things; 1) was the heavy speculation that buying in to CSWAP would be buying into Sundae ever confirmed?? 2) is “have a top flight home in sundae” a good assurance of anything? Am I missing something here?

gbtl

launching ERC20 and then bridging over is quite common for many projects so I don't think this is too big of a deal. Sure us CSWAP holders were taking on massive risks but that doesn't excuse SUNDAESWAP from screwing us over both sundaeswap and cardstarter promised cswap investors that we will be accruing significantly more benefits than before. 30% of original CSWAP dex -> 0.5% of Sundaeswap dex. it's pure & complete nonsense Details can be found from the July 2021 AMA https://www.youtube.com/watch?v=mfpAtWjCCB4&t=1419&ab\_channel=Mapsdot

gbtl

both sundaeswap and cardstarter promised cswap investors that we will be accruing significantly more benefits than before. 30% of original CSWAP dex -> 0.5% of Sundaeswap dex. it's pure & complete nonsense Details can be found from the July 2021 AMA https://www.youtube.com/watch?v=mfpAtWjCCB4&t=1419&ab\_channel=Mapsdot

Michaelvb101

Why is this upvoted? Sundaeswap didn't steal anything. This moron aped into a shitty project and got rekt as expected. Sundaeswap only made a marketing agrees with these guys which is bad but they are not at fault. Now Sundaeswap is giving them $20 million (when they dont have to) and they are not happy lmao The CSWAP investors are the most entitled morons who ever lived in crypto. I'm so happy they lost money, they deserve it. And I hope sundaeswap will revoke the $20 million offer.

yuredarp

This is bullshit. False. Lies. This is a limbic hijack to trick people with incompetent and irresponsible investor as well as the negligent project team. You know it's fake talk when you don't got lawyers or physical documents involved. * There was no breach of contract because there was no signed contracts. There was no merger too because of that. If there is, why not show it to end this insane toxic speculation over social. * Cardstarter is the bad actor who is currently using their disgruntled and mind-controlled CSWAP bag holders to coerce Sundaeswap to #H0N0RTH3D34L * They led their community on for months * CSWAP users did not ask for proof. Instead speculated over months on what their overlords are gracious enough to throw them. I'm a bit salty because CSWAP and Cardstarter dragged everyone down.

AgentNukethisplease

Gonna say cards a lot in this post but essentially: * CARDS is the launchpad token of Cardstarter, which enables access to IDOs * CSWAP is the token for CardSwap, a cancelled DEX run by Cardstarter The partnership was for the CSWAP tokens (as they were meant to be 30% of the Cardswap dex). As part of the deal with Sundae, the CARDS tokens would've constituted part of the LP transferred over. The collapse in CSWAP price was due to the initial announcement from Cardstarter that holders could expect a 400:1 conversion for every CSWAP into CARDS and that there would be further updates. This placed CSWAP's implied value at less than a cent and thereafter, the community who created the LP in the first place pulled everything out. (Note that the CSWAP pool was not started or funded by the team but was an independent creation by CSWAP miners)

Professional_Desk933

There was no rugpull. It's basically bad-faith of CSWAP team. We don't know the exactly terms of the agreements, but what we can know is that 31st OCT: it was offered 150M tokens Total liquidity for C3, Gero and Cards = $26,719,602 18 JAN: it was offered 10M tokens Total liquidity for C3, Gero and Cards = #25,472,410 ​ As you can see, people from CSWAP are just being extremely greedy and pretending they don't know math. Besides that, when it was offered the 10M tokens, instead of the CardStarter CEO make a counter-offer, he just went silent and posted a screenshot of a telegram conversation on twitter. Honestly i'm out of Cardano already, but I still watch the ecossystem closely, so I have no conflict interest in here.

Professional_Desk933

31st OCT: Pi confirms 150M tokens: Total Liquidity for C3,GERO,CARDS = $26,719,602 18th JAN: Artem says 10M Total Liquidity for C3,GERO,CARDS on = $25,472,410 Difference in liquidity is just 4.6%??? BUT CSWAP GOT RUGGED 93% IN REWARDS????

ChowLuisGeorge

Basically CardStarter & SundaeSwap entered a partnership or "merger" (by the latter's own words) last year where it was agreed 7.5% of the SundaeSwap supply will be provided to miners who provided liquidity to mine CSWAP and sustained massive losses (think of the impermanent loss incurred between the peak of crypto and to the very bottom of the May crash of last year). The CSWAP token was going to be the native token for CardStarter's own DEX (and seemingly Sundae's largest competitor/obstacle at the time), but eventually said "okay, for entering into this partnership we're going to scrap our DEX and integrate with you guys". Two days before the launch of SundaeSwap, the team basically told CardStarter "hey, instead of 7.5% of the supply, we think 0.5% is now more fair". What would've become a 2:1 conversion for CSWAP miners became essentially a 30:1 (CWAP: Sundae). As a result, CardStarter (trying to honor the NDA), sheepishly told its investors basically "yeah... you're going to get 400 CSWAP for 1 Cards token. tldr - Sundae seemingly reneged on a deal in bad faith last minute. That being said, it appears CardStarter has been negligent as well for not establishing a rock-solid binding contract. It's still too early to tell who's at fault, but on the surface, it appears both parties had mishaps but Sundae does seem more greedy given the fact that they distributed 25% of the total supply to their entire own team.

Onionjuiceboxwfrys

“The issues began in April when accelerator program CardStarter announced it would launch its own decentralized exchange or DEX. Shortly thereafter, its founders incentivized investors to provide liquidity for the project on Uniswap in exchange for native CSWAP tokens. The platform's developers landed an agreement with a third-party DEX called SundaeSwap sometime later, marketing the deal as a "merger" last June. As per the agreement, CardStarter would no longer develop its promised DEX, and would instead provide liquidity to the existing SundaeSwap DEX.”

PoopinWhileIMadeThis

Based on his comment history, it's CSWAP.

TallCupOfJava

My brother in law and i were talking about crypto recently, showing each other our portfolios, and it jumped out at me that his was about 1000x larger than mine. I’m sure he noticed the inverse about mine. It didn’t detract from our talk at all, we just shot the shit about CSWAP going big

gggg2010

Best kept secret in crypto; CSWAP. Not CROSSWAP, CardSwap on Uni. It’s a voucher for an upcoming dex. Huge alpha leak.