MuesliSwap MILKPrice(MILK)
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MuesliSwap MILK (MILK) Price information (USD)
The current real-time price of MILK is $0.0525. In the past 24 hours, MILK has traded between $0.0525 and $0.0525, showing strong market activity. The all-time high of MILK is $7.63, and the all-time low is $0.0453.
From a short-term perspective, the price change of MILK over the past 1 hour is
MuesliSwap MILK (MILK) Market Information
MuesliSwap MILK (MILK) Today's Price
The live price of MILK today is $0.0525, with a current market cap of $0. The 24-hour trading volume is 70.37. The price of MILK to USD is updated in real time.
MuesliSwap MILK (MILK) Price History (USD)
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What is MUESLISWAP MILK (MILK)?
When is the right time to buy MILK? Should I buy or sell MILK now?
Before deciding whether to buy or sell MILK, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MILK technical analysis can provide you with trading references.
Future price trend of MILK
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MILK.
How much will MILK be worth tomorrow, next week, or next month in ? What about your MILK assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MILK Price Prediction
How to buy MUESLISWAP MILK (MILK)
Convert MILK to local currency
MILK Resources
To learn more about MILK, consider exploring other resources such as the whitepaper, official website, and other published information:
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MUESLISWAP MILK (MILK) FAQ
What is MuesliSwap MILK (MILK) and its role within the MuesliSwap ecosystem?
MuesliSwap MILK (MILK) is the official governance and utility token for the MuesliSwap platform on Cardano and Milkomeda. MuesliSwap, launched in November 2021, is a decentralized exchange (DEX) utilizing a unique order book model, differing from common Automated Market Maker (AMM) DEXs. MILK fuels the ecosystem, enabling community participation and decision-making. The project aims to enrich the Cardano DeFi space with an NFT Marketplace and a decentralized Token Launchpad, with MILK central to these developments.
What are the key tokenomics of MuesliSwap's native token, MILK?
The MILK utility token has a fixed total supply of 10 million tokens. As of early 2024, approximately 5.3 million MILK tokens were in circulation. MuesliSwap has confirmed this total supply will remain constant. This controlled supply aims to maintain the token's value and scarcity within the ecosystem.
What is the MILKv2 migration, and what was the rationale behind this update?
The MILKv2 migration, initiated in January 2024 via a governance vote, involved transitioning the original MILK token to a new MILKv2 version. This upgrade was primarily implemented to introduce decimal places for MILKv2, enhancing transaction precision and flexibility across the platform. The migration also ensures that rewards for farming and flexible staking continue at their full potential, as MILKv1 rewards were gradually diminishing. The process maintained a 1:1 token correspondence, preserving the total and circulating supply.
What are the primary utilities and benefits of holding the MILK token within the MuesliSwap ecosystem?
The MILK token offers diverse utilities. Holders can stake MILK to earn other Cardano tokens and benefit from reduced trading fees on the platform. It grants governance rights, allowing community members to vote on proposals like new token listings and feature development. MILK also provides access to premium trading features, potential early access to the MuesliPad launchpad, and the ability to vote for featured tokens, thereby shaping the platform's future.
How does MuesliSwap ensure the security of its platform and protect user assets?
MuesliSwap prioritizes security through a decentralized approach. Its v2 Smart Contract has undergone a security audit by MLabs. As a DEX, it does not directly hold user assets; instead, assets are secured on the blockchain via a validator script. Funds are only temporarily locked during trades, minimizing risk. Orders are signed directly by the user's wallet in their browser, meaning MuesliSwap cannot access user funds, enhancing security against centralized vulnerabilities.
What are the distinguishing features of MuesliSwap as a decentralized exchange (DEX)?
MuesliSwap stands out as Cardano's first DEX, employing an order book model for precise trading, unlike many AMM-based exchanges. Key features include limit orders, fast transaction settlements, low fees, and frontrunning protection. It supports trading on Milkomeda, integrating wrapped assets like ETH, USDT, and USDC into Cardano. The platform also offers partial order fulfillment in its V2 smart contract and plans for an NFT Marketplace and decentralized Token Launchpad.
