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Hey, Farid. It's Faux_Hubris. I changed my account around now that I have the Cornucopias Pod going. But I just wanted to let you know it's me and thank you for doing this work. It's great getting down deep with these projects!
Sundae is by far the best Dex on Cardano and they deserve so much recognition for jumping in and building the first AMM Dex even when Cardano wasn't ready. They told everyone the network will be congested and won't be able to handle the volume and people still blamed them for it. Anyways it's been a while since then and they've come so far, and they are the team that collaborates the most with other Cardano projects. They're still the second biggest held token after Hosky so they'll always be a massive part of the ecosystem.
Checked Sundae a week ago, but at that day Minswap and Genius yield had better fees (as i remember Sundae took 6 ada per transaction, which is too much), so did my transactions in other dexes and got more coins per Ada. For day trading fees are too high. But can you tell me what is this 15x faster transactions, how much transactions per second and how long is time to finality?
An estimate of a fully diluted market cap is 17,000,000. Which mean it has a really ceiling to expand. Bitcoin is at over a trillion (ofcourse its the main thing). Most moderate coins make it over a billion. So at 17 million, once it breaks 1 billion it means a 60x.
Great interview. A bit off topic: So if Sundaeswap missed a critical vulnerability that TXPipe caught, is it possible that they missed a critical vulnerability with Mehem? Is Mehem just using Sundaeswap for their Audit?
It's always possible that an audit misses something, it's just a way of *increasing* confidence, by getting smart people to look at it with fresh eyes. When you develop something, you build up all kinds of assumptions and blind spots, so the fresh eyes that an audit brings in is essential. That being said, the two protocols are probably an order of magnitude (or two) separated in complexity; part of Mehen's strength is in how simple their protocol ultimately is.
The "big boys" like to say ADA is a dead chain... The thing about crypto is it never truly dies if you have something that hits all the boxes and keep advancing. Sundae will definitely surprise many as the crypto market as a whole and the ADA chain begins to fall into the general adoption trajectory we have manifesting. Personally I would not Fade SUNDAE. Especially at these levels. V3 is ready for the Bull...
I have a poor opinion of sundae swap I was staked for the reverse ispo expecting the airdrop to go directly into my wallet as they promised, But when the airdrop came the decided that they would nolonger airdrop into my specific wallet That I would have to get a separate wallet and link my original wallet to it and they would airdrop to it They did airdrop their ispo into my wallet but not the reverse ispo My wallet never changed but what the promised did So not happy I apologize for venting
💌Thank you for watching Cardano Community, I really appreciate it!
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SUNDAE let's go 🎉
PI is one of my favorite developers in Cardano
SundaeSwap 🍨
Thanks for tuning in!
Hey, Farid. It's Faux_Hubris. I changed my account around now that I have the Cornucopias Pod going. But I just wanted to let you know it's me and thank you for doing this work. It's great getting down deep with these projects!
Noted Faux! Welcome to the creator economy!
Sundae is by far the best Dex on Cardano and they deserve so much recognition for jumping in and building the first AMM Dex even when Cardano wasn't ready. They told everyone the network will be congested and won't be able to handle the volume and people still blamed them for it. Anyways it's been a while since then and they've come so far, and they are the team that collaborates the most with other Cardano projects. They're still the second biggest held token after Hosky so they'll always be a massive part of the ecosystem.
Minswap even vyfi is better
Yea I was liking minswap I like both but thought minswap was leading.
Checked Sundae a week ago, but at that day Minswap and Genius yield had better fees (as i remember Sundae took 6 ada per transaction, which is too much), so did my transactions in other dexes and got more coins per Ada. For day trading fees are too high. But can you tell me what is this 15x faster transactions, how much transactions per second and how long is time to finality?
appreciate the honesty here, great interview. Just swapped for some NEWM, super fast. silky smooth
Sundaeswap v3 looks great. Nice work and congrats. I hope to see transactions increase as the network allows.
👍 The future is bright 😎
What is the marketcap o circulating supply?
An estimate of a fully diluted market cap is 17,000,000. Which mean it has a really ceiling to expand. Bitcoin is at over a trillion (ofcourse its the main thing). Most moderate coins make it over a billion. So at 17 million, once it breaks 1 billion it means a 60x.
Wow this sounds impressive.
Sundae have been busy!!!! Damn!!
Thank you for covering sundaeswap regularly, I really appreciate your hardwork. 🎉🎉🎉🎉 I believe in sundaeswap team, I think they will nail it...
Great interview, excited for the update!
Trust Sundae. Let's have a new Sundae video
I love your work ethic Farid. Do you have any coins other than ADA? I suppose you have BTC, that’s an obvious one perhaps
Great interview. A bit off topic: So if Sundaeswap missed a critical vulnerability that TXPipe caught, is it possible that they missed a critical vulnerability with Mehem? Is Mehem just using Sundaeswap for their Audit?
It's always possible that an audit misses something, it's just a way of *increasing* confidence, by getting smart people to look at it with fresh eyes. When you develop something, you build up all kinds of assumptions and blind spots, so the fresh eyes that an audit brings in is essential.
That being said, the two protocols are probably an order of magnitude (or two) separated in complexity; part of Mehen's strength is in how simple their protocol ultimately is.
Dude Sundaeswap team so strong!
SUNDAE IS MY FAV 100%
Happy to hear it! Hope this was helpful.
Loved listening to this while on a long drive 👊🏻
Pi is a great community dev and contributor. He isn't flashy, he's all legit and heads down hardworking.
Cool vibes only - Xeventy's presale is the talk of the town.
Thank for the updated
nice to hear from pi. Looking good.
SS is good but I'm all over AXO right now. I am making some great algos
Could you give us some examples of great algos?
The "big boys" like to say ADA is a dead chain... The thing about crypto is it never truly dies if you have something that hits all the boxes and keep advancing. Sundae will definitely surprise many as the crypto market as a whole and the ADA chain begins to fall into the general adoption trajectory we have manifesting. Personally I would not Fade SUNDAE. Especially at these levels. V3 is ready for the Bull...
Who is the handsome guy on the right?
This getting Huge like panecake and Binance
Congrats to all early adopters, Xeventy will crush this year
25k swaps a day is nothing. We need that per hour to compete with the bank's scalability
It's still bad; I quote, "can processed 50k to 100k transactions a day."
Im surprised you think that Casper, what kind of numbers would be ideal in your book?
Liqwid!
ADA ❤
C'mon fella. Sundaeswap failed years ago.
I have a poor opinion of sundae swap
I was staked for the reverse ispo expecting the airdrop to go directly into my wallet as they promised,
But when the airdrop came the decided that they would nolonger airdrop into my specific wallet
That I would have to get a separate wallet and link my original wallet to it and they would airdrop to it
They did airdrop their ispo into my wallet but not the reverse ispo
My wallet never changed but what the promised did
So not happy
I apologize for venting
As a investor of sundae dont share
Too long a video man. I would definitely make a bulletpoint list on the description for those who dont have an hour to spend
Not too impressive
What would you like to see to get you going?
CardStarter remembers.......
Fuck cardstarter. It had nothing contribution for cardano ecosystem