Sundaeswap officially launching on Cardano on Thursday, January 20.
This launch feels like it was 2017, but worse. To be fair, we were informed that the transactions would take time to complete, but this was beyond ridiculous. Instead of having market orders they are using limit orders so even if you can actually get your order to process the price changes in the hours/days you wait and the order doesn't fill. You are forced to cancel the order or wait for the price to fall. Ironically you can barely cancel your order.
The last time I checked my order was supposedly being scooped, but Considering I've come back before only to see my orders had failed I'd be shocked if it actually fills. So far, this is the closes I've come to an order filling.
Considering how long Cardano has been waiting to get Defi projects out they should have asked all teams to delay until the network could handle the usage better. I'm guessing they just wanted to show that the network technically could do Defi. Even though Sundaeswap was technically the second Defi it was the one being hyped.
Because of all the issues and I'm potentially going to be close to .9 ada , I put in half of what I was initially was going to. Hopefully the pull back isn't too bad especially considering the market overall isn't performing well.
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