Crypto News – The team announced in an X message on Thursday that MuesliSwap, a Cardano-based decentralized exchange (DEX), would shortly open its claims window to reimburse substantial slippage losses purportedly sustained during a 12-month period.
Cardano-Based DEX MuesliSwap Announces Imminent Launch of Refund Site
When several members, including @beaumont_dvd, stated they were waiting for the self-claim refund site to open more than three months after MuesliSwap’s first statements, concerns about the refunds reappeared last week.
That being said, MuesliSwap informed @beaumont_dvd in a message that reimbursements for losses have been made accessible and handled through the opening of a support ticket on the Discord forum platform. These would be handled by sending the platform your personal wallet information immediately.
MuesliSwap Team Said The Failure Was Due To A Misunderstanding
An internet reaction occurred in August after a large number of consumers revealed they had been paying exorbitant costs in the form of slippage over a 12-month period. Developers of MuesliSwap said at the time that consumers’ financial losses were the result of a misunderstanding of how the platform handled slippage.
The team said that market makers, or traders who complete buy and sell orders, have the option to “fill the limit order and choose whether to retain the difference or return the additional slippage amount at their discretion.”