MuesliSwap will refund users affected by slippage
The Cardano-based DEX MuesliSwap will refund their users affected by high slippage over the past year. The company explained in a Twitter post that they recognized they fell short of providing adequate clarity on the slippage feature within the MuesliSwap Pool DEX protocol. Slippage can be taken as the price difference between the transaction submission and its confirmation in the blockchain. Important Announcement! At MuesliSwap, transparency and user education are paramount. We recognize that we fell short in providing adequate clarity on the slippage feature within the MuesliSwap Pool DEX protocol. Our decentralized matchmaker setup allowed each matchmaker to… — MuesliSwap Team (@MuesliSwapTeam) August 7, 2023 The team behind the DEX explained that most of their users have been paying a high slippage rate for the last year due to how the decentralized matchmaker was set up. The refund process will take three to four weeks. During this time, the company will gathe...