MilkySwap, a low cost and high performance DEX for Milkomeda, is ready to launch on mainnet after successful testnet deployment. It aims to position itself in the ecosystem as one of the predominant DEXes for Milkomeda, a Layer 2 Protocol which delivers EVM capabilities to promising non-EVM blockchains.
As a community-centric DEX, MilkySwap aims to build a community that can self-sustain what it’s built and has promised to be actively engaged with the community as its growth progresses. As a part of their community focused roadmap, they will implement various strategies to incentivize early adopters.
MilkySwap takes security of user funds seriously, and as such has a multi-pronged approach in setting a solid foundation to build off of. They achieve this by adapting off of Sushiswap for the core AMM DEX logic itself, adopting off of CurveDAO’s farming model for the rewards mechanisms, and topping it all off with an upcoming audit by well respected security firms (Certik and Peckshield).
“Our MilkySwap protocol seeks to provide a robust platform where users can swap tokens on Milkomeda, thereby allowing their users to take advantage of assets from both Ethereum and Cardano ecosystems, opening the gates to untapped trading pairs and liquidity pools. We believe that this will bring us into a new era of the Milk trade.”, quote from MilkySwap.
“As a person with a family history tied to working in the Milk business, MilkySwap is an aspirational evolution of what the Milk trade was always supposed to become.”, says Robert Kornacki, a core contributor to the Milkomeda protocol.
You can already test MilkySwap on the Milkomeda testnet using Metamask and Flint Wallet. MilkySwap is excitedly awaiting the launch of Milkomeda mainnet with the necessary preparations already behind them.
Disclaimer: Blockchain is an exciting and promising technology, but one must note that due to how novel it is, there are inherently risks at hand with any newly launched protocol. Milkomeda highly recommends that before interacting with any project, the user always takes time to review the project, their technologies, and verify security audits were completed by respected third party companies.
About Milkomeda
Milkomeda delivers rollup technologies to leading Layer 1 ecosystems by offering the most popular smart contracting language, Solidity, while enhancing inter-blockchain interoperability, user experience, and developer traction all at the Layer 2 level.
Website: https://www.milkomeda.com
Docs: https://dcspark.gitbook.io/milkomeda-getting-started/
Twitter: https://twitter.com/milkomeda_com
About MilkySwap
Contracts are audited with both Certik and Peckshield. They are an anonymous team that has had years in building and developing in the crypto space.
Website: https://milkyswap.exchange/
Docs: https://milkyswap.gitbook.io/milkyswap/the-project/introduction
Twitter: https://twitter.com/realmilkyswap
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