SpaceSwap is a decentralized financial protocol designed on the Uniswap protocol. It is based on a smart contract which will immediately be checked to fix any vulnerabilities. It has been improved and perfected. As Defi is growing day by day and the space exchange claims to raise more than fat juniors, it follows a reward distribution algorithm although there is one significant difference that has combined to reduce 0.25% of transaction costs and share it directly among liquidity providers. Instead, the space walk is reduced by 0.05%, turned into milk and returned to the milkshake holder.
SpaceSwap protocol
SpaceSwap defines a protocol which provides some additional incentives in the form of MILK tokens to be unlocked. SpaceSwap also provides a cross-platform token transition by providing a free platform for traders and investors to move their liquidity tokens from phone to phone and can also allow them to move their current deposits to pay for SpaceSwap pool together with a minimum fee. transaction.
MILK Token
SpaceSwap uses MILK tokens which are designed to provide a free environment for its users to select and select the appropriate liquidity pool. Users will have the option to trade or exchange their MILK tokens as the developer has not ruled out the possibility to exchange and exchange milk tokens.
SpaceSwap Beginner's Guide
The first step is to open the SpaceSwap homepage. The dashboard will open in front of you. You have to click connection wallet. He wants you to let them link your wallet to spaceSwap. Spacewalk currently supports the metamask browser wallet; soon will add more options. Please note that Metamask may charge fees to connect to SpaceSwap. But you only need to pay once.
After this process, you will be able to stake assets into a cash pool and be able to pay ETH fees with just one click.
After proceeding with the dashboard, it will show you the overall liquidity in the space exchange pool and the amount of milk in your glass. For the first time, your glass of milk is empty, but if you buy milk at Uniswap and get milk coins as a reward for staking, you can fill your glass of milk in the milky planet pool.
Now, after this, are you ready to explore the Spacewap universe?
To explore SpaceSwap, click on the top center option, Milky Planets, to start your journey on the Milky Way and collect different Defi benefits. The Milky Way contains too many decentralized uniswap collections, such as.
Strawberries (MILK-ETH)
Classic (USDT-ETH)
Vanilla (USDC-ETH)
Chocolate (DAI-ETH)
Salted Caramel (SUSD-ETH)
Pistachios (UMA-ETH)
Blueberry (BAND-ETH)
Raspberry (LINK-ETH)
Milk chocolate (AMPL-ETH)
Orange (COMP-ETH)
Licorice (LEND-ETH)
Cinnamon (SNX-ETH)
Almond (YFI-ETH)
You can check the fluid pool from the SpaceSwap dashboard. This spaceeswap liquidity pool is known as Milky Planets, and each Milky Planet has its own cryptocurrency combination.
MILK started with Unicorn.
Before you dive into the dairy planet to start making SpaceSwap crypto cows, you need to break free from the DeFi Unicorn industry. So, to get LP tokens, all liquidity provider uniswap protocols must be used in the SpaceSwap infrastructure.
For example, to provide liquidity to get the ETH-UMA UNI-V2LP token, you must have ETH and UMA coins in your wallet.
Open Uniswap, click the Pool option, then click the Add Liquidity button to select a liquidity pool.
By default, ETH is selected. You can click Choose Ethereum amount and select UMA. Before doing this, always keep in mind that they will charge a fee when you buy any coins on Uniswap and add liquidity to the pool.
How do I participate in SpaceSwap?
Select planet Pistachio (UMA-ETH UNI V2 batch), click on it for details (token bet, MILK earned), To make a deposit or withdraw the milk you get, the SpaceSwap screen will display two options, the milk you have earned and tokens You are at stake.
To make a deposit or withdrawal, click Agree and you will be connected to the metamask wallet for payment confirmation. So far, this is a one-time fee.
To make a deposit, enter the desired amount of LP tokens and click Max to save your entire balance. Press "Confirm" and proceed to pay the ETH gas rate. Your LP token is added to the liquidity pool at this stage and your adventure begins in a decentralized spaceSwap environment. You will enjoy APY percentage reward and MILK coins will start to enter your wallet.
For more information and updates on news, visit the official SpaceSwap page
Website: https://spaceswap.app
Blog: https://blog.spaceswap.app
Discord: https://discord.com/invite/r6RymJj
Telegram: https://t.me/SpaceSwap
Twitter: https://twitter.com/spaceswapdefi
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