Pursuant to the agreement, SundaeSwap has agreed to make available 225 million SUNDAE tokens for distribution pro rata to eligible CardStarter community members, excluding any CardStarter officers, directors, or consultants, who will not receive any SUNDAE tokens or other form of material reward or compensation from this settlement. In the settlement agreement, both parties continue to deny any liability for the claims of the other, and both CardStarter and SundaeSwap will bear their own legal expenses and costs, but agree that resolution now is in the best interests of each party and their communities.
SundaeSwap has set up a web app at https://claims.sundae.fi/ to facilitate the distribution of SUNDAE tokens to eligible CSWAP tokens holders and LP migrators. An independent claims administrator has been retained to help SundaeSwap oversee the distribution of the SUNDAE tokens, which will vest over time.
Any SUNDAE tokens not claimed by eligible CSWAP tokens holders and LP migrators by July 31, 2025, will be redistributed half to eligible claimants and later the other half will go to a Cardano-related charity. Claimants will need to link an eligible Ethereum wallet and a Cardano wallet, and then provide KYC/AML information and a release to the claims administrator to confirm their eligibility and facilitate distribution of the tokens. See the above web app for additional details.