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SpaceSwap tokenomics update due to transition onto Avalanche network

Due to the SpaceSwap expansion onto the Avalanche blockchain, we are updating the tokenomics model, as previously stated. We provide all the necessary information and transactions.

What will happen

To be able to keep the maximum token supply on all three blockchains (Ethereum, Binance Smart Chain and Avalanche) we need to do the following:

For MILK2 token: burn the needed amount of the already existing MILK2 on the team's addresses (since it is all issued) —> issue the corresponding amount on Avalanche.

For SHAKE token: we will issue the needed amount of the SHAKE tokens on the Avalanche network. 

All the issued tokens will be included into the total token supply on all three blockchains. The updates will be reflected on CoinMarketCap and CoinGecko after these services approve the updates.

As stated before, the issued tokens will not exceed the previously set maximum supply of 65.2M MILK2 tokens and 5,000 SHAKE tokens.

List of transactions for the MILK2 burn on all allocations:



Total burn: 8,800,000 MILK2

The issuance of the corresponding number of tokens on the Avalanche network and the addresses for the MILK2 and SHAKE tokens will be announced separately.

After the release of the corresponding number of tokens on the Avalanche network, we will start creating liquidity pools on Pangolin, updating the data for CoinMarketCap and CoinGecko.

We remind you that the only reliable information about the coins and contracts is on our official channels. Beware of scams.

SpaceSwap socials:

Website: https://spaceswap.app 
Telegram: t.me/SpaceSwap
Twitter: https://twitter.com/spaceswapdefi
Blog: https://blog.spaceswap.app
Discord: https://discord.com/invite/4hvxZNWGHP

Stay tuned!