Key Dates and Takeaways
Thursday, January 20: SundaeSwap will launch as a fully-functional beta decentralized exchange ( DEX ).
Tuesday, January 25: The foremost rung of ISO rewards will be calculated. ISO participants must delegate ADA to qualifying ISO Scoopers prior to 21:45 UTC on January 25th to be able to earn SUNDAE for all five ISO rounds. More detail put up late below.
Thursday, January 20: Yield farming SUNDAE rewards begin. concede farming will be available for at least the first six months of the SundaeSwap DEX, and during this period, LP tokens staked to yield farming contracts in eligible pools can earn extra SUNDAE rewards. I will provide more details below.
Reading: How to Participate on SundaeSwap ISO to Earn Cardano’s SundaeSwap Free Tokens with Exact Dates
The SundaeSwap DEX will go alive as a fully-functional beta on Thursday, January 20, 2022. Projects will be allowed to create pools beginning Tuesday, January 18th .
3 Ways to Earn SUNDAE Tokens
initially, there will be three ways to get rid SUNDAE tokens :
Method 1: Participate in the ISO ( available during Cardano epochs 316 through 320 ). Epoch dates 316 is Jan 20th and Epoch 320 is on February 9th. I will explain the precisely ISO 5 rounds shortcut dates below in detail.
Method 2: Earn succumb farming rewards ( available January through June ). After June most likely give farming rewards will stop or significantly dribble.
Method 3: Swap early tokens for SUNDAE on SundaeSwap and other participating DEXs. Just or swapping tokens in Sundaeswap, you will able to earn SundaeSwap tokens as early users of this DEX. This will not be offered for later users .
When is SundaeSwap ISO?
The ISO will begin deoxyadenosine monophosphate well on Thursday, January 20, and will continue for five epochs, with rewards ( 5 % of the total SUNDAE provision, 1 % per epoch ) being distributed based on the snapshots that will be taken at each epoch boundary .
SundaeSwap ISO 5 Rounds and Cutoff Dates:
To participate in each ISO wages round, you must delegate prior to the surveil date and times .
Round 1: January 25th ( 21:45 UTC )
Round 2: January 30th ( 21:45 UTC )
Round 3: February 4th ( 21:45 UTC )
Round 4: February 9th ( 21:45 UTC )
Round 5: February 14th ( 21:45 UTC )
arsenic long as you are delegated to an official ISO Scooper ( I will provide the Official ISO list below ) before the snapshot is taken, your rewards will be calculated for the era you staked in .
Official ISO Staking Providers:
here is the official ISO Staking providers :
WAV7/SKY
SIPO
XSP
AHL
CCV ( all CCV pools )
ITC
DIGI ( all DIGI pools )
AZUR, AZUR2, AZUR3 & AZDFM
TERA, TERA2, TERA3
BLOOM ( all BLOOM pools )
WFFL
NORTH
ATLAS
TITAN
KIWI/RAMEN
NEDS1, NEDS2, NEDS3, NEDS4
FAIR
CRDNS
AAA
NERD
PAUL
MASTR
ATADA
STI, STI2, STI3
BLADE
FROG, WOLF
DSHIN
BLOCK
GROW
BCSH
Read more: Dog & Pony Show: Skye and Hot Fudge Sundae
Sundaeswap Tokenomics:
SUNDAE Allocation is 2 Billion SUNDAE tokens will be minted at the origin of the DEX and will become available slowly over a time period of time as the protocol matures. 55 % of the SUNDAE supply will go to the public with 5 % of the total provide distributed to Initial Stake Pool Offering ( ISO ) participants among 5 epochs ( 1 % every epoch ) .
At this moment, the team have decided to distribute SundaeSwap tokens at the end of every epoch .
Based on the measure that is staked, 1 % will be divided amongst all the delegates to the SundaeSwap ISO stake pools.
The SundaeSwap ISO will last for 25 days over 5 epochs. SundaeSwap ISO Start at the same time as the decentralize Exchange is launched .
How to Participate on SundaeSwap ISO
If you want to make sure you qualify for all five ISO reward rounds, you must have ADA staked with eligible SPOs before 21:45 coordinated universal time on January 25th. Your reinforce will be calculated based on the snapshot taken at that time, and at the like time at each subsequent epoch boundary. Details on where and how you will receive your SUNDAE and how you can check your great rewards will be shared soon .
How to Yield Farm on SundaeSwap
concede farm is a form of staking used by DEXs to reduce the volatility of their fluidity pools. You can learn more about give way farming on the SundaeSwap aid section. 500,000 SUNDAE will be allocated casual over at least the beginning six months of the DEX ’ mho operation to yield farmers participating in the surveil liquidity pools :
SUNDAE/ADA
LQ/ADA
WMT/ADA
CARDS/ADA
This list of eligible pools will be adjusted by community vote by and by as the ecosystem grows and stablecoins launch .
Buying ADA from Centralized Exchange
First you need to buy ADA from any centralize switch over. You can buy from Binance.com ( Non US users ) and Binance.US for US users. I used my Binance.US account to buy my ADA. I used Bitcoin poise to buy ADA. Binance.US charges 0.1000 % if you do not have BNB tokens for tip. I will provide connection to Binance.com and Binance.US substitution links below. If you have BNB tokens fees are 0.075 % for limit orders. After you have completed the purchase of ADA, you need to withdraw to self hosted ADA wallets. I use Yoroi wallet. I used Yoroi wallet with Chrome extension. If you do not know how to setup Yoroi wallet for Cardano, I will provide a connection below. You can use daedalus wallet. Daedalus wallet download full ADA blockchain to sync your wallet address. Yoroi wallet does not download the full ADA blockchain to sync your wallet address. I my shell, I send my adenosine deaminase to my Yoroi wallet address. I copied my Yoroi wallet address and paste it into my Binance ADA withdrawal tab key. I have to enter Binance 2 component authentication password and confirm my coitus interruptus from my electronic mail address to invitiate the withdrawal. My funds appreared on my Yoroi wallet address in 5 minutes. much faster compared to Bitcoin and ETH blockchain .
SundaeSwap ISO Staking
What you need to do join the ISO is to impale ADA on any of SPO tilt that SundaeSwap tokens. You need minimum of 10 ADA tokens on your Yoroi wallet to inorder to stake tokens. Yoroi is consider Metamask for Cardano. After you setup Yoroi wallet, send your Cardano from centralized exchange into this wallet. You need 10 ADA in your wallet to be able to stake Cardano on SundaeSwap approved ISO to earn SundaeSwap airdrops. Go to the Deletegation List. I was able to find SIPO pool. Select the amount you want to bet on. In my example I stake integral 902 ADA. There is a 2.174257 ADA staking fee that will be charge to lock your address to stake on Sundaeswap approved stakers. In one wallet you can not bet on portions to one Staking pool and early part to a unlike impale consortium. If you want to do that you have to use two different Yoroi wallets and transfer the other parcel to that diffrent wallet to be able to do this. You can When SundaeSwap airdrop is live after Jan 20th, you will get SundaeSwap token airdrop on this address. Remember you tokens must be locked until the airdrop to get qualified. Do not withdraw this token until the airdrop concluding ISO turn 5 is complete on February 14th. When you withdraw token from staking pool I believe you get initial 2 ADA staking fee back. What does registering your wallet mean ? If it is your beginning time registering a wallet, you will have to pay a 2 ADA sediment to register your wallet on chain. This 2.174257 ADA deposit is refundable when you decide to de-register your wallet from staking. According to their latest post about the SundaeSwap ISO, the minimum amount of ADA allowed to venture is 10 ADA. When staking, I am making daily ADA tokens on acme of Sundae token a well. It make it lot sweeter.
Risk vs Rewards:
I wanted to Stake to Wave7 Pool. The winner. however, I am getting a admonition saying I pool is saturated at 101 %. So I decided to delegate to other pool in the approve list I mentioned above. I staked my entire 904 ADA tokens. I paid 2.17 ADA tokens as staking deposit tip that I will able to get back by and by. During the staking it said I will be earning 0.67 ADA every epoch which is 5 days. That is not bad on acme of SundaeSwap tokens I will get at the end .
I love your comments and opinions about Sundaeswap. Comments on down below. I want to hear from you on what other topics you want me to cover. If you enjoy this video on details on how to participate on SundaeSwap ISO, please subscribe and hit the like clitoris show some love. happy crypto .
