Poll to whitelist SundaeSwap ADA/iUSD LP token

Is that a yes to voting in favor of MuesliSwap? And you’d change your mind if SundaeSwap added their own incentive to iAsset pools?

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A title does not construe evidence, let’s wait for the jury to make a verdict based on the evidence presented in court.

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It’s a step in the right direction for muesliswap, and I am happy they are taking the initiative to attempt to draw liquidity in one way or another, but this alone is not enough. The numbers need to improve and be beneficial for indigo as whole before i’d vote yes.

Same goes for Sundae.(Even though their hill is much steeper to climb imo).

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Legal struggles aside, Sundaeswap is providing some of the tech for the Indigo platform rewards according to latest Sundae Scoop video. Not sure how I would verify but lots of these teams are in bed together.

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People here are just voicing their experience of getting cheated by this team. Take it for what you will.

You should care about founders having morality and principles because it increases your risk of making money if they don’t have any. If they are willing to cheat others, they will be willing to cheat you.

Nobody is here fighting you, take it as a warning if you want. Ignore it if you want.

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We wouldn’t be litigating if we just made a bad investment. I’ve made plenty, but I’m not litigating.

Anyways, you have a strong opinion, no point in discussing it. Just sharing some details about SS as a group. Take it or leave it, doesn’t affect anybody in any way.

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At least not yet. Good luck dealing with this group. You’ve been warned.

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Agree, we can vote again after the lawsuit

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Lots of strong opinions and stances on this one. Wondering IF this poll were to fail if it would be worthwhile to bring back up after the legal issues are resolved and we as a community have the full story as @conrad and others have pointed out (assuming a more or less positive outcome for the SS team)?

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I dont need luck, I dont invest in shady projects like you guys did.

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For the record, I voted yes. I understand that people have grievances and concerns about Sundaeswap. I’m not here to judge them or say whether their concerns are valid or not. My concern at the moment is the wide scale distribution of indigo assets to expand the reach of the Indigo protocol.

My reasoning are as follows:

1.) Indigo assets are new and need as much exposure to Cardano ecosystem users as possible, preferably in such a manner as to get as much of an advantage on other newer stablecoins (some supposedly launching next quarter) as practical.

2.) Sundaeswap is an operational DEX on Cardano, and has an actual userbase that may be interested in using this product. I don’t have to like Sundaeswap. They have users, and they’re the ones we are trying to reach.

3.) Assuming there is a lawsuit as some of our associates state, that case has not yet been resolved. Unless Sundaeswap is found to be fraudulent in a court ruling, I will presume that it is not unreasonable to allow Sundaeswap to whitelist Indigo assets.

4.) Further elaboration on point #3
: To assume that Sundaeswap is guilty of fraud without a verdict is akin to saying you illegally used crypto, but no government entity in your municipality has declared it illegal. Until a judgement is made in the court of law, you are not assumed to be guilty. You’re assumed to be NOT guilty. I will treat Sundaeswap accordingly.

5.) IMHO, the end goal of this proposal is not to make Sundaeswap stronger, though that can happen as a side effect. The point of this is to make Indigo stronger. In this nascent stage, Indigo needs exposure to their assets. Sundaeswap will be there whether Indigo assets are listed or otherwise. Their customers will use the platform whether Indigo assets are there or not. We should make sure those users can access indigo assets where they make their purchases.

I know some of our associates may disagree, and I respect that, but that’s my perspective.

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i agree :smiley: Another concept is to use INDI as a way to decrease and increase the rewards of the protocols based on their “popularity” or “engagement” and would incentivize the use of INDI by the protocols to increase the rewards in their protocols for iAsset pools. In this way, if a protocol is no longer compromised or active, the rewards will be reduced or a vote could even be established to remove protocols that act in a bad way towards INDI. The idea is somewhat primitive but it could work.

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Great summary of why I voted no as well.

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You’ll still be happy with Sundae team when they are found guilty of defrauding the CSWAP community and forced to supply a significant amount of tokens I assume?

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Voted to Minswap, wingriders and muesliswap. Let’s leave sundae out until the law sued conclude.

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They arent getting their money back. sadly its going to take years and years for them to realize this.