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HomeCOINSWhat Is MilkyWay (MILKY) Coin Review? Complete Guide Review...

What Is MilkyWay (MILKY) Coin Review? Complete Guide Review About MilkyWay

What Is MilkyWay

MilkyWay Exchange is a new one of a kind decentralised trading platform offering a unique vested farming reward system that allows a high APR on staking and ensures the sustainability of the economy. The platform is focused on bringing real value to the community and turning into a true DAO.

MilkyWay Coin Exchange is a new one of a kind decentralized trading platform offering a unique vested farming reward system that allows a high APR on staking and ensures the sustainability of the economy.

This documentation sub-page is available to all readers who are curious about the project, its’ features and detailed information about all of the products and features they offer. Please read through it as it should contain all relevant information that you may need, and if you are left with any additional questions, don’t hesitate to contact us on Telegram or via e-mail.

MilkyWay Coin Storage Key Points

Coin BasicInformation
Coin NameMilkyWay Coin
Short NameMILKY
Circulating Supply53,071,533.00 MILKY
Total Supply254,162,913
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Exchange Properties

Planetary Pools

Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there’s always liquidity for the exchange to use.

Galaxies

Yield farming lets users that are providing liquidity earn MILKY rewards by locking their LP tokens into a smart contract.

Exchange

MilkyWay lets users trade without the need to go through a Centralized Exchange. Everything you do on MilkyWay is routed directly through your own wallet.

Presale

The MilkyWay platform will start with a small and fairly distributed presale round that will be available to all interested buyers. The official date will be communicated via our social media channels once ready.

Presale information

Tokens available = 25,000,000 MILKY

Starting price = 0.0045 BUSD

Discount from launch price = 10%

Total raise = 112,500 BUSD Minimum buy = 25 BUSD

Initial maximum buy = 500 BUSD

The maximum buy amount will increase by 500 BUSD every 15 minutes to allow for as many interested buyers to participate in the presale as possible. If the presale continues for a longer time, bigger buyers will be able to invest larger amount.

Buy

When you make a token swap (trade) on the exchange you will pay a 0.25% trading fee, which is broken down as follows:

0.17% – Returned to Liquidity Pools in the form of a fee reward for liquidity providers.

0.05% – Sent towards Exchange buyback and burn.

0.02% – Sent towards WSG buyback and burn.

0.01% – Sent to the Exchange Treasury.

Exchange

MilkyWay Exchange is a new one of a kind decentralised trading platform offering a unique vested farming reward system that allows a high APR on staking and ensures the sustainability of the economy. The platform is focused on bringing real value to the community and turning into a true DAO.

Swapping/Trading

MilkyWay lets users trade without the need to go through a Centralized Exchange. Everything you do on MilkyWay is routed directly through your own wallet—no need to trust someone else with your tokens!

Liquidity Pools

You can only swap tokens on MilkyWay if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do so.

Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there’s always liquidity for the exchange to use.

Yield Farming

Yield farming lets users that are providing liquidity earn MILKY rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.

Galaxies – Farms

Yield Farming in Galaxies is a great way to earn MILKY rewards on MilkyWay. Unlike Planetary Pools, Galaxies require you to stake two tokens to get LP Tokens, which you then stake in the Galaxy to earn rewards. This lets you earn MILKY while still keeping a position in your other tokens!

Roadmap

​ Phase 7

  • DAO
  • Lottery Competition Event
  • Implementation of random bonus day to APY
  • On Ramp/Off Ramp Integration
  • Multi-chain Marketing Campaign

​ Phase 6

  • Multi-chain Integration
  • CEX Listing Negotiation
  • Lottery Implementation & Release
  • Agreggator Integration
  • Site-Wide UI/UX Upgrades & Bug Fixes

Phase 5

  • Pair Explorer
  • Co-marketing Campaign with WSG
  • Establish Mutually Beneficial Partnerships
  • Analytics Dashboard
  • Backend Subgraph

​ Phase 4

  • Marketing & PR
  • CoinGecko Listing
  • CoinMarketCap Listing
  • First listing announcement
  • Verify contract on BSCSCAN.COM
  • Lock the liquidity

Phase 3

  • Inclusion of MILKY tokens in the WSG treasure chest
  • Launch of the MILKY DEX
  • Listing MILKY on Pancakeswap
  • TOKEN FAIR LAUNCH (Date: July 1st 2022)
  • Community engagement events
  • Contact potential partners and advisors

​ Phase 2

  • Release the Audit report (from a reputable company)
  • Start of the presale
  • Announce the presale details
  • Release of the documents page for the public
  • Publish the Website & open community channels
  • Release of the staking pool on the WSG platform which will include MILKY rewards (after launch)
  • Start the audit of the smart contracts (funded from the team side)

​ Phase 1

  • Smart contract & Website development
  • Preparation of the documents page
  • Creating social media accounts (Medium, Twitter)
  • Get KYC verified by the close partners and advisors from the WSG team
  • Introducing the project vision to the advisors
  • Product document finalisation
Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things