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Cardano projects SundaeSwap and CardStarter squabble over failed promises to investors

Published 01/24/2022, 06:47 PM
Updated 01/24/2022, 08:20 PM
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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 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.

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