SundaeSwap has come under displace for its manage of the spend. Critics say an “ airdrop ” model that automatically credits the impale wallet would have been a safe, less jumble option. however, after months of suspense, SundaeSwap has now released official details on how to claim ISPO $ SUNDAE .
How to claim $SUNDAE
Given the novelty of ISPO tokens, scammers have flooded SundeSwap social media in the hopes of catching out unsuspecting users. A typical ruse is pretending to be from SundaeSwap Support, asking users with a question on the drop to get in partake to resolve their question. It ’ mho assumed the swindler will then try and obtain passphrases to empty the exploiter ’ mho wallet .
Monday saw SundaeSwap position a Medium article detailing how to claim ISPO $ SUNDAE tokens. It reiterates what was said previously but gives the assurance of officially coming from SundaeSwap. previously, given the flood of scammers looking to cash in, users had expressed agnosticism over the interest of DripDropz and the 3 ADA payment fee. But SundaeSwap assures users that DripDropz is a legitimate platform and the 3 ADA payment is justify .
“ approximately 1.3 ₳DA will be returned to you ( to cover the minUTXO ) The remaining 1.7 ₳DA will be used to pay the Cardano transaction fee + Phyrhose processing fee + DripDropz service tip. ”
eligible users who previously staked with an approve stake pool will need to go to the DripDropz locate, enter their wallet address, and cluck “ Claim My Dropz. ” There ’ s a annual passing date on claims, and SundaeSwap says they are exploring alternative claim methods for users to avoid paying the fee .
SundaeSwap under fire
SundaeSwap went live on January 20, and with a full value locked of $ 86.4 million has a current dominance of 95.5 % of the Cardano DeFi ecosystem. however, soon after launching, users reported fail transactions, long wait times, and errors, souring the have for everyone involved. Some three weeks later, some users still report problems with canceling transactions. In accession, CardStarter has now filed a lawsuit against SundaeSwap over reneging on the issue of tokens offered at the initial stage of their partnership. Input Output CEO Charles Hoskinson tried to distance himself from the situation, saying it has nothing to do with him.
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“ It ’ s quite inauspicious that ’ south where Card ’ second at and Sundae ’ second at in the relationship, that obviously spending months to years to solve a problem is a better estimate than trying meditation. ”
All of this, a well as the confuse and ill communicated ISPO process, means SundaeSwap has a lot to do to convince users they should be the number one Cardano dex. even now, the dApp still can not link to the official Cardano Daedalus Wallet or flush the native light wallet Yoroi. Users are presently forced to use the lesser-known Nami and Ccvault wallets alternatively. With contenders, including Cardano Cube and Cardax, readying their own launches, how long can SundaeSwap retain its dominance ?
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