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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:

ETH
https://etherscan.io/tx/0x23eb8e14c33def7f1d649e109af281c00c45ef443c972c548de7c487c7f9ac90
https://etherscan.io/tx/0x182f5761e1209e69d2fd8b1baf491924fb2c3c55b5c41b4addd174ab5a876dca 
https://etherscan.io/tx/0xa4486bb80313070d11cee7b3d90b97f36456a95aa636edd74d59302854ee8a37
https://etherscan.io/tx/0xcb5dd4086b3ccbf017d726c2ddc5d3d54891ca23dc68998463afa26e04b4b958
https://etherscan.io/tx/0xcb6e403c067063e5b1c4093950097185c9d2e60fb03ad311af115dab1dc68c6e


BSC
https://bscscan.com/tx/0xd5258f9feeb7e9c42158510ab95d2c812d2bcd1ab084781a8f1ab946d008b6ad 
https://bscscan.com/tx/0x67060f0555c4c8e3cc0761c0e564340c88b058602e3646e3ac48e6b441bae924
https://bscscan.com/tx/0x59720466529a2404c9d5869e290414ce942584d198c87ac2bf8a4c88678155b1
https://bscscan.com/tx/0x85fdebbd9d6ef312fd2bd25e68c1fa19e0b465e7513502bf32698dd6197a9b9c 

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!