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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.
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!
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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.
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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.
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Last modified 1yr ago