How Does MilkyWay (MILKY) Work?
A brand-new, one-of-a-kind decentralized trading platform called MilkyWay Exchange offers a special vested farming reward system that permits high annual percentage rates on stakes and ensures the economic viability. The platform is focused on becoming a true DAO and adding genuine value to the community. All readers who are interested in the project, its features, and comprehensive information about every feature and product we offer can access this documentation sub-page. Please read it thoroughly as it should contain all the necessary information. If you still have questions, don’t hesitate to get in touch with us on Telegram or by email.
Key Information for MilkyWay Storage: Live Prices
- The current MilkyWay price is $0.006525 USD with a $131,462 USD 24-hour trading volume.
- Real-time updates are made to the USD price.
- This has increased by 133.91 percent in the previous day.
- With a live market cap of not available, the current CoinMarketCap ranking is 3684.
- Both the maximum supply and the circulating supply are unavailable.
The best cryptocurrency exchange for trading stocks right now is PancakeSwap, if you’re interested in finding out where to purchase MilkyWay Coin at the current rate (V2).
On our page for crypto exchanges, you can find more.
Planetary Pools for Trading Properties
Making sure there is always liquidity for the exchange to use will reward you with LP Tokens, which will then reward you with trading fees.
Galaxies
By securing their LP tokens in a smart contract, users who are supplying liquidity can engage in yield farming and earn MILKY rewards.
Tokenomics
first batch: 29,965,318 MILKY Initial Launch Fee: USD 0.005 Market capitalization at launch: US$149.826,59
Exchange
Users can trade with MilkyWay Coin without going through a centralized exchange. On MilkyWay, everything you do is processed through your personal wallet.
Farmers in galaxies
A great way to earn MILKY rewards on MilkyWay is through yield farming in galaxies. Galaxies, in contrast to Planetary Pools, call for the stake of two tokens in order to obtain LP Tokens, which are then staked in the Galaxy to obtain rewards. This enables you to maintain your position in your other tokens while earning MILKY!
25% of the rewards are given out immediately upon claim, and the remaining 75% become vested after three months.
Stake Milky Way in Planetary Pools.
The so-called single asset staking pools are called Planetary Pools.
To receive free tokens from other projects, deposit MILKY.
25% of the rewards are given out immediately upon claim, and the remaining 75% become vested after three months.
Rewards can only be redeemed once each 24 hours (you must wait for the cooldown to pass until you can claim again). Each farm is subject to this limitation separately.
Swapping/Trading
Users can trade with MilkyWay Coin without going through a centralized exchange. You don’t need to trust anyone else with your tokens because everything you do on MilkyWay is routed through your personal wallet!
Lending Pools
On MilkyWay, you can only swap tokens if there is sufficient liquidity for those particular tokens. It will be challenging, expensive, or impossible to swap the token or tokens you want to swap if there hasn’t been much added to the liquidity pool for those tokens. Making sure there is always liquidity for the exchange to use will reward you with LP Tokens, which will then reward you with trading fees.
Produce Farming
By securing their LP tokens in a smart contract, users who are supplying liquidity can engage in yield farming and earn MILKY rewards. The goal of the incentive is to counteract the chance of temporary loss that comes with securing your liquidity.
