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

Denny Bitsong by Denny Bitsong
08/11/2023
What Is MilkyWay (MILKY) ? Complete Guide Review About MilkyWay
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What Is MilkyWay (MILKY) ?

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 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 (MILKY) Token Storage Key Points

Coin BasicInformation
Coin NameMilkyWay
Short Name(MILKY)
Max 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

How To Start ?

MilkyWay The 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. Below you can find all necessary details regarding the presale distribution.

Presale information

MilkyWay 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.

Purchased MILKY tokens will be released in the following schedule:

  • 25% immediately on launch,
  • Rest of tokens are vested 15% daily for 5 days = 75% vested.

How To 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 decentralized 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 is routed directly through your own wallet—no need to trust someone else with your tokens!

Liquidity Pools

MilkyWay You can only swap tokens on 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

MilkyWay 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.

Tokenomics

MilkyWay Initial distribution of the MILKY token on launch is described below. Additional information about the vesting periods for the team and advisor allocations will be available prior to the launch.

The initial market supply is outlined below.

Initial Supply: 29,965,318 MILKY

Initial Launch Price: 0,005 USD

Initial Market Capitalization: 149.826,59 USD

The MilkyWay ecosystem will start with a 10% airdrop to existing WSG token holders and stakers. Detailed information about the distribution will be shared on both projects’ social media channels and publications.

Airdrop Worth: 18,527,818 MILKY = 92.639,09 USD

A small, fair presale will be held to obtain funds for initial liquidity and marketing campaigns which will be open to the public. Please visit the “Presale” page for additional information and follow social media channels if you would like to participate.

Tags: MilkyWayMilkyWay loginMilkyWay sign up
Denny Bitsong

Denny Bitsong

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