# Temperature Check: Adding Sundae token to Liqwid protocol **URL:** \ **Category:** Temperature Check\ **Created:** [August 9, 2024, 10:34pm UTC](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659 "2024-08-09T22:34:01Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![Judokid](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/judokid/32/562_2.png) [@Judokid](https://gov.liqwid.finance/u/Judokid)\ **Post date:** [August 9, 2024, 10:34pm UTC](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659/1 "2024-08-09T22:34:01Z")
SundaeSwap is one of the largest dexes on Cardano. SundaeSwap garners some of the highest daily volumes for swaps on Cardano according to TapTools. Adding the Sundae token to the Liqwid protocol seems to be a sensible decision. Thank you for your time and consideration. ---
**Author:** ![Josered1254](https://avatars.discourse-cdn.com/v4/letter/j/aeb1de/32.png) [@Josered1254](https://gov.liqwid.finance/u/Josered1254)\ **Post date:** [August 10, 2024, 2:02am UTC](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659/2 "2024-08-10T02:02:44Z")
I agree, Sundae is the De with the second highest TVL and Daily volume. It’s also a great innovator in the Cardano space – it should definitely be intergraded into liqwid. ---
**Author:** ![Judokid](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/judokid/32/562_2.png) [@Judokid](https://gov.liqwid.finance/u/Judokid)\ **Post date:** [August 11, 2024, 12:57pm UTC](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659/3 "2024-08-11T12:57:02Z")
![IMG_0201](https://canada1.discourse-cdn.com/flex010/uploads/liqwid/original/1X/89b334726b3487df395a37cb2c1d8f0c990b0118.png) I just wanted to point out that SundaeSwap’s TVL has been consistently trending upward during the last several months of the drawdown. Liqwid has been doing well also. Teamed up both project will do well together. ---
**Author:** ![ConkeyKong](https://avatars.discourse-cdn.com/v4/letter/c/858c86/32.png) [@ConkeyKong](https://gov.liqwid.finance/u/ConkeyKong)\ **Post date:** [August 12, 2024, 1:19pm UTC](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659/4 "2024-08-12T13:19:15Z")
Hey @Judokid, Thanks for putting this temperature check together. Could you add a few more details to your Temp Check? Where applicable. - Relevant Links - Expand a bit more on the Project and token overview - Reasoning/need for market - Risk Considerations - add a Vote for “Do you support this proposal to add support for SUNDAE” The poll is a bit hidden. You can find it in the gear icon when you go to edit the original post. ---
**Author:** ![Judokid](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/judokid/32/562_2.png) [@Judokid](https://gov.liqwid.finance/u/Judokid)\ **Post date:** [August 12, 2024, 7:58pm UTC](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659/5 "2024-08-12T19:58:45Z")
Sure. Let me ping the Sundae team for assistance. Please give us some additional time to respond to your request. Thank you for your time and consideration. ---
**Author:** ![ConkeyKong](https://avatars.discourse-cdn.com/v4/letter/c/858c86/32.png) [@ConkeyKong](https://gov.liqwid.finance/u/ConkeyKong)\ **Post date:** [August 13, 2024, 11:33am UTC](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659/6 "2024-08-13T11:33:39Z")
I wanted to add this current proposal that would relate to SUNDAE. > [@Supply Cap reduction for Cardano Native Token markets](https://gov.liqwid.finance/t/supply-cap-reduction-for-cardano-native-token-markets/1649): > > Summary This proposal aims to update the supply caps for Cardano native token markets within the Liqwid protocol. Following a successful vote Cardano native token markets will have supply caps updated to 20% of onchain USD side only liquidity (ADA, stablecoins). If 20% or more of the onchain USD side only liquidity is already deposited the supply cap will be set to the market’s current supply level. The exact number of tokens for each market’s supply cap will be determined based on the USD sid… ---
**Author:** ![Judokid](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/judokid/32/562_2.png) [@Judokid](https://gov.liqwid.finance/u/Judokid)\ **Post date:** [August 13, 2024, 10:08pm UTC](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659/7 "2024-08-13T22:08:36Z")
Hey @Judokid, thanks for reaching out and for putting together the initial temperature check. I’d be happy to help expand on the details. Here’s what we can add: ### 1. **Relevant Links** - **Official Website:** [SundaeSwap Website](https://sundaeswap.finance/) - **Whitepaper:** [SundaeSwap Whitepaper](https://docs.sundaeswap.finance/) - **Community Channels:** [Twitter](https://twitter.com/SundaeSwap), [Discord](https://discord.com/invite/SundaeSwap), [Reddit](https://www.reddit.com/r/SundaeSwap/) - **Market Data:** [CoinMarketCap](https://coinmarketcap.com/currencies/sundaeswap/), [CoinGecko](https://www.coingecko.com/en/coins/sundaeswap) - **Previous Discussions:** [Link to past forum discussions or community calls] ### 2. **Project and Token Overview** - **Project Background:** SundaeSwap is a decentralized exchange (DEX) built on the Cardano blockchain, designed to provide efficient trading and yield farming opportunities with low fees and fast transaction times. Our mission is to democratize finance and bring DeFi to everyone in the Cardano ecosystem. The team is composed of experienced developers, blockchain enthusiasts, and financial experts committed to building a robust and user-friendly platform. - **Token Utility:** The SUNDAE token is integral to the SundaeSwap ecosystem, serving multiple purposes. It’s used for governance, allowing holders to vote on protocol upgrades and key decisions. Additionally, SUNDAE is used in liquidity provision, yield farming, and as a medium for incentivizing platform participants. - **Market Presence:** Currently, SUNDAE has a growing presence in the DeFi space, with increasing market capitalization and trading volumes. It’s listed on major decentralized exchanges within the Cardano ecosystem, and we’re actively exploring more listings. ### 3. **Reasoning/Need for Market** - **Demand Analysis:** The demand for SUNDAE is on the rise due to the growing adoption of Cardano-based DeFi projects. With Cardano’s ecosystem maturing, more users are looking for decentralized trading options with low fees and high efficiency, which SundaeSwap provides. - **Ecosystem Benefits:** Adding support for SUNDAE on your platform could attract Cardano users and DeFi enthusiasts, increasing user engagement and transaction volume. It also offers cross-project collaboration opportunities, driving further growth and innovation in the space. ### 4. **Risk Considerations** - **Market Volatility:** Like all cryptocurrencies, SUNDAE is subject to market volatility, which can impact its price and liquidity. It’s important to monitor market conditions and manage exposure accordingly. - **Regulatory Risks:** We’re aware of the evolving regulatory landscape and are committed to compliance. However, the regulatory status of DeFi projects like ours can change, potentially impacting operations. - **Security Considerations:** We’ve implemented rigorous security measures to protect users and funds, including regular audits and bug bounty programs. However, DeFi projects inherently carry risks, and we continuously work to mitigate them. **Do you support adding Sundae token?** _Poll ([view on site](https://gov.liqwid.finance/t/temperature-check-adding-sundae-token-to-liqwid-protocol/1659/7))_