DEX SundaeSwap is Launched on Cardano Network
On January 20, the SundaeSwap decentralized exchange (DEX) was launched on the Cardano mainnet. Users have complained about errors in transaction processing due to network congestion, but updating Plutus smart contracts should fix the situation, the project developers have reported.
SundaeSwap has become the second DEX on the Cardano blockchain. Unlike MuesliSwap, which launched in November 2021, the platform is publicly supported by IOHK and personally by Charles Hoskinson.
The SundaeSwap team warned users on January 8 about potential issues with transaction processing after the launch of the project on the main network. The developers noted the reason lied in the parameters of the Cardano blockchain, which are set “conservatively.” They said:
“Due to overwhelming demand and hype from the community, we expect real numbers to be far behind projections, even under the most optimistic forecasts. To be as transparent as possible, we want to inform everyone that orders may take several days to be processed, but they will all be processed fairly in the order in which they were received and executed.”
