The MuesliSwap Pool DEX protocol on the Cardano network has a slippage feature, which has raised user worries and misunderstanding. The project team has revealed steps to repay impacted users.
The group recognised that the decentralised matchmaking system’s operation had not been completely understood. Each matchmaker in the arrangement has the option of keeping the difference as an incentive or returning the excess slippage amount.
New customers may have experienced unanticipated losses as a result of the phrase “slippage” being misconstrued, according to MuesliSwap.
The reimbursement procedure, which covers the previous 12 months’ worth of significant slippage instances, may take three to four weeks to complete, according to the decentralised exchange (DEX).
This involves compiling the distribution code and compiling the required data. The slippage issue has also been immediately addressed, guaranteeing that consumers will always receive precise information while trading.
MuesliSwap affirmed that the procedure would be automatic for impacted consumers because all relevant data will be gathered from the blockchain.
Not all of the response, though, was favourable. Some people criticised the business for its earlier communications, pointing to the team member’s apparent rejection of complaints during a contentious social media debate.
As we work to create a genuinely decentralised and user-friendly exchange, “We deeply value your support and feedback,” the exchange said.
