# Add support for a SUNDAE market on Liqwid

**URL:** <https://gov.liqwid.finance/t/add-support-for-a-sundae-market-on-liqwid/1877>\
**Category:** New Markets\
**Created:** [July 10, 2025, 8:59am UTC](https://gov.liqwid.finance/t/add-support-for-a-sundae-market-on-liqwid/1877 "2025-07-10T08:59:15Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![FlorianVolery](https://avatars.discourse-cdn.com/v4/letter/f/f0a364/32.png) [@FlorianVolery](https://gov.liqwid.finance/u/FlorianVolery)\
**Post date:** [July 10, 2025, 8:59am UTC](https://gov.liqwid.finance/t/add-support-for-a-sundae-market-on-liqwid/1877/1 "2025-07-10T08:59:16Z")

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# **Summary**

This is a proposal for creating a new CNT market to support SUNDAE token for lending, borrowing and collateralization on the Liqwid protocol.

**Project and Token Overview**

Sundae Labs is the team behind [SundaeSwap](https://sundae.fi/), a decentralized exchange (DEX) that has been operating on the Cardano blockchain since 2021. As the second-largest DEX on Cardano, SundaeSwap plays a significant role in the ecosystem. In addition to maintaining the DEX, the Sundae Labs team also provides security audits for various Cardano-based projects. The team is led by [Pi](https://x.com/Quantumplation), a well-known and respected developer in the Cardano community.

**Market Reasoning**

The token has a strong and engaged user base, supported by a team that has demonstrated a solid track record and consistent ability to deliver over the past three years on mainnet.

**Risk Considerations**

SUNDAE token is characterized by medium-high market liquidity and historically medium volatility. It benefits from a large, active community, a long track record, and a revenue-generating product.

These factors make SUNDAE a good candidate for integration into the Liqwid protocol, positioning it as a medium-risk asset within the platform.

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# **Suggested SUNDAE Market Parameters**

The proposed interest rates would align with those of existing CNTs listed on Liqwid, such as **MIN** or **LQ**. For reference, see the [MIN market on Liqwid](https://v2.liqwid.finance/market/MIN).

**Interest rate market parameters:**

- BaseRate 0.00%
- utilMultiplier 3.50%
- utilmultiplierjump 20,00%
- Kink rate 80.00%

**Income Factor:**  
The income split is also similar to the others CNTs listed on Liqwid.

- **Reserve Factor: 0.0%**
- **DAO Factor: 10.0%**
- **LQ stakers: 10.0%**
- **Market suppliers: 80.0%**

The proposed SUNDAE risk parameters are:

- **Collateral factor (maxLTV): 39.9%**
- **Liquidation threshold: 40%**
- **Liquidation discount: 15%**

The **supply cap** for SUNDAE will be set to an amount equivalent to **$1 million** (based on the token price at the time of its listing on Liqwid). There will be **a 90% borrow cap**.

SUNDAE tokens will be enabled as **collateral** , allowing users to borrow any CNT supported assets and wanchain stablecoins on the Liqwid protocol.

SUNDAE can be borrowed from loan having ADA, LQ or CNT stablecoins as collateral.

* * *

**Specification**

The Liqwid Labs developers have already completed the technical requirements to list new tokens. Following this on-chain governance vote, the team will begin SUNDAE integration immediately.

**Conclusion**

The Core Team recommends the adoption of this proposal and to add SUNDAE as a token for lending, borrowing and collateralization on Liqwid with the proposed market parameters.

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_Poll ([view on site](https://gov.liqwid.finance/t/add-support-for-a-sundae-market-on-liqwid/1877/1))_

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**Author:** ![Cryptoinvest](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/cryptoinvest/32/440_2.png) [@Cryptoinvest](https://gov.liqwid.finance/u/Cryptoinvest)\
**Post date:** [August 12, 2025, 6:18pm UTC](https://gov.liqwid.finance/t/add-support-for-a-sundae-market-on-liqwid/1877/2 "2025-08-12T18:18:05Z")

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> [@FlorianVolery](#):
>
> UNDAE will be set to an amount equivalent to **$1 million** (based on the token price at the time of its listing on Liqwid). There will be **a 90% borrow cap**.
> 
> SUNDAE tokens will be enabled as **collateral** , allowing users to borrow any CNT supported assets and wanchain stablecoins on the Liqwid protocol.
> 
> SUNDAE can be borrowed from loa

Listing token at all time low is not often a good idea, but with BULL market dynamics, there won’t be any liquidation / bad debt