Cardano-Based MuesliSwap to Refund ‘High Slippage’ Losses for Users

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Cardano-Based MuesliSwap to Refund ‘High Slippage’ Losses for Users
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.MuesliSwap, a Cardano-based decentralized exchange, will refund users who unintentionally lost money due to a “misunderstanding” about how slippage works on the platform. By shauryamalwa.

MuesliSwap, a Cardano-based decentralized exchange , said on Wednesday that it would refund users who unintentionally lost money due to a “misunderstanding” about how slippage on the platform works.

However, MuesliSwap users have been setting – and thus paying – high slippage for at least a year due to the way the decentralized matchmaker was set up. “To make amends, we will be refunding affected users who encountered high slippage on the MuesliSwap pools in the last 12 months from our project funds,” developers said. “Additionally, immediate action has been taken to remedy the slippage issue in the MuesliSwap order book”

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