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.
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 we 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 Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | MilkyWay |
| Short Name | PSTAR |
| Total Supply | 2,000,000,000 |
| Max Supply | 2,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Exchange Properties
Planetary Pools
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.
Galaxies
Yield farming lets users that are providing liquidity earn MILKY rewards by locking their LP tokens into a smart contract.
Exchange
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.
Presale
The MilkyWay Coin 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 social media channels once ready. Below you can find all necessary details regarding the presale distribution.
Presale information
Tokens available = 25,000,000
MILKY Starting price = 0.0045 BUSD
Discount from launch price = 10%
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.
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.
Swapping/Trading
MilkyWay Coin lets users trade without the need to go through a Centralized Exchange. Everything you do on this is routed directly through your own wallet—no need to trust someone else with your tokens!
Liquidity Pools
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.
Yield Farming
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.
Galaxies – Farms
Yield Farming in Galaxies is a great way to earn MILKY rewards on MilkyWay. Unlike Planetary Pools, Galaxies require you to stake two tokens to get LP Tokens, which you then stake in the Galaxy to earn rewards. This lets you earn MILKY while still keeping a position in your other tokens!
25% of the rewards are released on claim, the other 75% are vested after 3 months.
Planetary Pools – Stake Milky
Planetary Pools are the so called single asset staking pools.
Deposit MILKY to earn free tokens from other projects.
25% of the rewards are released on claim, the other 75% are vested after 3 months.
NOTE: Rewards can be claimed only once every 24 hours (you must wait for the cooldown to pass until you can claim again). This limitation is separate to each farm.
Roadmap
Phase 7
- DAO
- Lottery Competition Event
- Implementation of random bonus day to APY
- On Ramp/Off Ramp Integration
- Multi-chain Marketing Campaign
Phase 6
- Multi-chain Integration
- CEX Listing Negotiation
- Lottery Implementation & Release
- Agreggator Integration
- Site-Wide UI/UX Upgrades & Bug Fixes
Phase 5
- Pair Explorer
- Co-marketing Campaign with WSG
- Establish Mutually Beneficial Partnerships
- Analytics Dashboard
- Backend Subgraph
Phase 4
- Marketing & PR
- CoinGecko Listing
- CoinMarketCap Listing
- First listing announcement
- Verify contract on BSCSCAN.COM
- Lock the liquidity
Phase 3
- Inclusion of MILKY tokens in the WSG treasure chest
- Launch of the MILKY DEX
- Listing MILKY on Pancakeswap
- TOKEN FAIR LAUNCH (Date: July 1st 2022)
- Community engagement events
- Contact potential partners and advisors
Phase 2
- Release the Audit report (from a reputable company)
- Start of the presale
- Announce the presale details
- Release of the documents page for the public
- Publish the Website & open community channels
- Release of the staking pool on the WSG platform which will include MILKY rewards (after launch)
- Start the audit of the smart contracts (funded from the team side)
Phase 1
- Smart contract & Website development
- Preparation of the documents page
- Creating social media accounts (Medium, Twitter)
- Get KYC verified by the close partners and advisors from the WSG team
- Introducing the project vision to the advisors
- Product document finalisation
