What is SundaeSwap on Cardano?

SundaeSwap is a decentralized exchange on the Cardano blockchain. It is roughly comparable to Uniswap for Ethereum.

When can we buy SundaeSwap tokens?

Currently, you cannot buy the SUNDAE token. But staking ADA will make you eligible for a SUNDAE airdrop.

How do you get the SundaeSwap token?

First, you can get the SUNDAE token by staking ADA during the ISO, which makes you eligible for an airdrop for SUNDAE. You will also be able to act as a liquidity provider when the DEX launches, which will reward you with SUNDAE. Lastly, you can purchase it from the DEX post-launch.

A DEX token typically refers to a token of a particular DEX, which can be used for governance, besides holding for long-term value and other advantages. In SundaeSwap’s case, benefits include governance, profit sharing, and reduced fees.