MuesliSwap To Reimburse Users for Slippage Issues: Get Your Money Back!

• MuesliSwap, a Cardano-based decentralized exchange, has decided to reimburse customers who have had significant slippage in the last twelve months.
• Slippage refers to the fluctuation in cost that occurs between the time a transaction is filed and the time it is verified on the blockchain.
• The team of MuesliSwap has taken urgent measures to address this order slippage problem and is developing a DEX aggregator to reduce exposure to slippage.

MuesliSwap Reimburses Users for Slippage Issues

MuesliSwap, a Cardano-based decentralized exchange, has decided to reimburse customers who have had significant slippage in the last twelve months. This decision was made after an investigation into how their protocol was designed showed that users were paying high rates for order slippage due to its design.

What Is Slippage?

Slippage refers to the fluctuation in cost that occurs between the time a transaction is filed and when it is verified on the blockchain. It can cause costs for users as they end up paying more than expected for transactions due to this discrepancy.

Measures Taken by MuesliSwap

The team of MuesliSwap has taken urgent measures to address this order slippage problem and is developing a DEX aggregator to reduce exposure to slippage. This will help divide up transactions so that users can get better prices when buying or selling cryptocurrencies on their platform. Additionally, they have also introduced an “organic APR” feature which encourages users to provide collateral by increasing token emissions in proportion with liquidity added into pools.

Total Value Locked (TVL) On MuesliSwap

According to DefiLlama, MuesliSwap currently has a Total Value Locked (TVL) of $17.3 million making it one of the top five protocols on Cardano at present though it’s down 68% from its all-time high back in April 2022.

Conclusion

MuesliSwap aims at providing users with better services by reimbursing those affected by high order slips and introducing features which will help reduce further exposure while encouraging more liquidity into their pools as well as providing greater clarity on how matchmakers work within their protocol design.