SpaceSwap is a Full-Stack DeFi Protocol currently on the Ethereum blockchain. SpaceSwap is a handy service for liquidity pool providers. It is a unique aggregator that unites all the major DeFi protocols in a one-step station. It will provide users with a fair and profitable earnings sharing system, topped by MilkyWay (MILK2) coin rewards and MilkShake (SHAKE), to boost your earnings.
About MILK2 coin
MILK2 coins have a different issuing mechanism, the holders can count on decelerated inflation and bigger profits. SHAKE owners will get 1% of the MILK2 minted coins - this reward is distributed after every 100,000 blocks generated from the moment the project was launched.
MILK2 is a native SpaceSwap coin that has a unique issuing mechanism aimed at decelerating inflation. You can earn the coin by investing in the Interstellar or Gravity pools on the official SpaceSwap site.
Interstellar
Interstellar can be best understood as a universe where each planet is a project offering pools with a particular set of coins. Projects from Interstellar make it to the list of Milky Planets through a voting system involving MILK2 owners. Interstellar also acts as a means for users to farm MILK2 coin rewards in return for the liquidity they add to the platform.
Why do we need Interstellar?
▪ For us: Users come to us to get free tokens and we enlarge our base, as well as increase our volume of trading liquidity, MILK2 and SHAKE coins. Moreover, we focus on users' attention on other projects that are about to be launched within the SpaceSwap ecosystem.
▪ For projects: If a project is listed, its users will be motivated to add the project's tokens to Uniswap liquidity pools. This will raise the value of the token and the pool volume while motivating users to buy and hold the coin.
▪ For users: As the number of projects is limited and we don't have the ones with whales, users get the chance to farm the great MILK2 volume for a reasonable investment.
The utility of MILK2 and SHAKE tokens
As mentioned above, liquidity providers on SpaceSwap are provided with MILK2 coins along with the interest they earn, as rewards. Users can exchange these MILK2 coins to purchase Milk Shake (SHAKE) stable coins. SHAKE is pegged to MILK and MILK2 at a 1:1000 ratio, as of now.
MILK2 has a total supply of 8,77,065 and a circulating supply of 8,15,238, whereas SHAKE has a circulating supply of 451.00000000, with a maximum supply limited to 10,000 SHAKE. Users can widen the scope of their earnings by contributing liquidity to the SpaceSwap pool through MILK2 and SHAKE coins. They act as convenient tools to attract users to SpaceSwap and host an efficient platform for fast and efficient crypto liquidity management.
The benefits of holding MILK2 tokens:
▪ Vote in governance polls and decide on new features
▪ Create governance proposals
▪ Invest in new DeFi projects via SpaceSwap Starter (DEX pools for crowd-funding)
▪ Participate in NFT collection campaigns
▪ Play an important role in Shadow Synthetic Assets
▪ Have access to a SpaceSwap multiplication platform
The project will offer initial investors new opportunities for passive income. Aside from deposit interest rates, they will get Milky Way (MILK) tokens. Moreover, SpaceSwap provides an extensive range of easy token transition, liquidity pools, and extra perks for early investors.
More Information;
Web : https://spaceswap.app/
Whitepaper: https://docs.spaceswap.app/spaceswap/
Twitter: https://twitter.com/spaceswapdefi
Spaceswap DeFi: https://github.com/spaceswap
Github: https://github.com/spaceswap
Telegram: https://t.me/SpaceSwap
Author
Bitcointalk Username: Fornam
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2280648
ERC - 20 Address: 0x666B2d7E4314A3B12e5249b4b129fBF8d595203F