According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX, SundaeSwap, the first of its kind to go live on Cardano. At the same time, the total value locked for the ADA blockchain reached a record of approximately $80 million, despite the recent fall … [Read more...] about Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success
SundaeSwap
Cardano projects SundaeSwap and CardStarter squabble over failed promises to investors
The ongoing drama between two projects built on the Cardano (ADA) blockchain escalated across multiple social media platforms Monday, much to the dismay of the ADA community.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 … [Read more...] about Cardano projects SundaeSwap and CardStarter squabble over failed promises to investors
Cardano-Based Decentralized Exchange SundaeSwap Off to Rocky Start
The congestion on the Cardano network is understandably frustrating, but also evidence of the network working as intended to live up to its mission of stability and economic fairness. The network didn't crash, the security didn't decrease, and it didn't create exploitive fees for the end user. Instead, it is creating queues at various breakpoints throughout the system so that … [Read more...] about Cardano-Based Decentralized Exchange SundaeSwap Off to Rocky Start
SundaeSwap launches on Cardano but users report failing transactions
Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions.Is it just a case of expected teething troubles under an influx of excited users or is there more to it?SundaeSwap is a decentralized exchange (DEX) and token staking platform. It’s mainnet launch today marks a … [Read more...] about SundaeSwap launches on Cardano but users report failing transactions
Cardano Price Surges on SundaeSwap DEX Catalyst
“While the DEX’s smart contracts have been fully audited and the DEX will meet all industry standards for security, the implementation of fully decentralized governance will not be immediately possible due to existing transaction size limits on the Cardano blockchain,” the team explained in the post. Source link … [Read more...] about Cardano Price Surges on SundaeSwap DEX Catalyst