Reddit Posts
Mentions
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.
Here are some that I don’t see mentioned as often, but have HUGE potential. Solid teams, great progress, communication, etc. 1. Paribus (PBX) - on KuCoin “Cross-chain lending protocol” 2. BONDLY (BONDLY) - on Uniswap/1inch/Matcha “One of the few end to end NFT platforms in the market” 3. deFIRE (CWAP) - on Uniswap/1inch/Matcha “Aims at bringing optimal execution and liquidity services for users of Cardano’s DeFi ecosystem.” Also working on a very innovative DEX, they note it as “game changing” 4. IAGON (IAG) - on Uniswap/1inch/matcha “We have a patented solution with a live platform that we are planning to move to Cardano and continue to develop the first decentralized cloud solution in the Cardano ecosystem.” 5. Nervos (CKB) - on KuCoin Mentioned by others, this is a great project with huge potential. I mine ETH and am considering this post ETH2.0