About the Report

A tweet by @Alex_ADA_ (https://twitter.com/Alex_ADA_) suggested that SundaeSwap, a popular DEX, and its team were selling tokens that appeared to be meant for the SundaeSwap team based on a vesting schedule. The tokens in question seemed to originate from a particular wallet. Initially, there was speculation that these transactions were from a high-earning liquidity provider. But, after deeper research, Xerberus determined that the transactions came from an early investor or a significant holder, not the core SundaeSwap team. During their study, Xerberus identified six wallets that regularly received tokens and were confirmed as early investor wallets by SundaeSwap. Given these findings, Xerberus believes it's a good time to discuss the best practices concerning token selling by teams and early investors, and when such sales are viewed positively or negatively by the community.

Read the Full Report here: https://docsend.com/view/b2y8z8w3d53nzxnu

Interest in Commissioning a Report?

You can submit your research request here, and we will take a look: https://forms.gle/YYPAC7MUwStvD4Vp8

Here are the rules:

• We will prioritize research requests with the highest donation of ADA.

• If you have donated ADA, we will only publish the results of the report with your consent.

• Donations are non-refundable.

• All ADA will be put towards developing the Xerberus Application.