ID: #1000178 | Status:
In progress

Last updated 49 days ago

Sundae Labs Automated Price Discovery

Problem

DAOs launching tokens face high early volatility due to limited price discovery tools, often resorting to centralized pricing methods.

Solution

We propose a Cardano-based decentralized platform for automated price discovery, enabling DAOs to conduct token sales with less volatility and improved liquidity.

Total to date

This is the total amount allocated to Sundae Labs Automated Price Discovery. 3 out of 6 milestones are complete

₳310,000
Total funds requested
Distributed: ₳208,000
Remaining: ₳102,000
10/23
11/23
00/24
01/24
02/24
03/24
Complete
In Progress
To be completed
527
Total Votes
₳319M
Votes Yes
₳65.4M
Votes No

Monthly report

NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here

Progress report

Status:
On track: No
Estimated completion date: -

Progress report

Status:
On track: No
Estimated completion date: -

Team

The Sundae Labs Automated Price Discovery project work will be performed by the Sundae Labs team, housed and primarily based in the US, but with team members also located in Europe and South America.

Our CTO, Pi Lanningham (AKA @Quantumplation), is an active contributor to the Cardano ecosystem. He's an advisor on many large protocols, such as ADA Handle, Liqwid, and Atrium. He's been elected to the Indigo technical working group, gave three technical talks at last year's Cardano Summit, has recently hosted two community Voltaire workshops. He contributes broadly across the Cardano open source ecosystem.

Dan Gonzalez
Dan Gonzalez
quantumplation
quantumplation
Artem Wright
Artem Wright