SundaeSwap ISO Voting Guide and Greetings from the Bloom Team!
Bloom
Hello! For those who aren’t familiar with Bloom, we figured we’d take a brief moment to make an introduction and provide a quick update! Bloom is a stake pool that processes transactions for the Cardano blockchain. We minted the 8th block on Cardano and were also part of IOG’s friends and family testnet. At Bloom, we provide value through educating users about cryptocurrency.
If Bloom is selected by the community our delegates will earn $Sundae tokens for delegating to any Bloom pool. We are also excited to announce that if selected we will run a SundaeSwap scooper to help one of the first decentralized exchanges on Cardano function.
What We’ve Been Up To
Bloom is evolving to provide more value to the community. We’re building a staking portal for our delegates to claim different tokens through the various incentives we offer. The staking portal will offer more data, financial services, and a better user experience. We are expanding our team to write smart contracts, build web applications, and provide more educational content.
About SundaeSwap
The SundaeSwap team plans to release a decentralized exchange (DEX) on the Cardano Blockchain later this month or early December. The Sundae token will be the governance token for SundaeSwap. SundaeSwap was the first to introduce the initial stake offering (ISO) funding model. They canceled their initial ISO until the launch of the DEX. The team is now funded by the cFund.
SundaeSwap ISO
ADA holders can elect stake pools through an initial voting round. Elected stake pools can be delegated to by ADA holders, the pools return Sundae on top of their ADA rewards. Stake pools can be delegated to by ADA holders, the pools return Sundae on top of their ADA rewards. This vote will last for the rest of epoch 302, and until the next Tuesday the 16th.
HOW TO VOTE
SundaeSwap is using on-chain voting to capture votes from anyone with an ADA wallet. You can vote with any wallet, this includes Daedalus, CCWallet, Yoroi Wallet, and Nami. It’s the same process for all wallets except Nami. You will pay the cost of one transaction fee to vote. There will be two parts to this guide, one for Nami and one for all other wallets.
Daedalus, CCWallet, Yoroi Wallet:
Using the link above you can go to SundaeSwap’s ISO dashboard and select two different stake pools to vote for. After you select the two different stake pools you are given an ADA amount to send to yourself. To vote for us you can use our preselection of 2.783661. This will vote for us and as a secondary vote for NEWM Stake Pool.
In the wallet of your choice, go to the ‘receive’ tab and copy an address that starts with addr1. This is your receiving address. All you need to do is send our preselected amount or an amount after selecting two stake pools on the SundaeSwap ISO dashboard.
If you’re already staked to Bloom pool, this vote counts for all Bloom pools and if we’re selected to be one of thirty pools all Bloom pools will pay $Sundae tokens to delegates.
Nami Wallet:
With Nami it’s a very simple dApp like process. You select two stake pools to vote for, scroll down, check the box, and then select ‘Vote with Nami’. Nami will pop up in the corner, you must type in your password to complete the transaction. You can also follow the guide above this and just send 2.783661 ADA to yourself to vote.
Thank you
Thank you for reading our first medium post! If you’re interested in more guides and information about what we’re building, follow us. Your support is highly appreciated!
If you’d like a video guide or have any questions, tune into the AMA on bigpey’s channel at 11am EST tomorrow morning(11/12/2021).
