Sundae Labs

Automated Price Discovery

Increasing confidence and bringing fairness to Cardano token launches

Solution

  • Fair and Transparent Pricing: Automated price discovery provides a fair and transparent method to determine token launch prices.
  • Reduced Volatility: By enabling upfront price discovery, the platform helps reduce early volatility, making investments more predictable and safer.
  • Increased Liquidity: The platform promotes deeper liquidity pools for token launches, enhancing the overall health and stability of the Cardano ecosystem.
  • Investor Confidence: With improved price discovery and liquidity, investors can have higher confidence in their investments in the Cardano ecosystem.
  • Ecosystem Growth: By attracting more projects and investments, the platform contributes to the overall growth and value of the Cardano ecosystem.

Milestones

Market research and offchain SDK for Taste Test contracts(Done)
Development and testing of Proof-of-concept (PoC)(In Progress)
Partnership and pilot testing(In Progress)
Full Development of the Platform (post-pilot launch)(Open)
Formal platform Launch(Open)
Post-launch Evaluation and Final deliverables(Open)