It is already becoming obvious that the first day of its cosmic flight has far exceeded the expectations of its developers.
The MILK (SpaceSwap native token) liquidity pool has shown amazing results in under 24hrs, reaching 13000% APY.
It shows that the interest of holders is enormous. So now the team behind the project must join their efforts to keep the project stable and profitable.
Why do holders like SpaceSwap?
SpaceSwap is a unique aggregator that unites all the major DeFi protocols in a one stop station. The project attracted a lot of attention at the very start, thanks to its outstanding features and the promise it offers.First, it changes the principles of yield farming as it stands. While Uniswap brings you earnings only while you keep your assets in its liquidity pools, SpaceSwap’s pools bring its holders profit from all the DeFi protocols simultaneously.
Second, the SpaceSwap team received a lot of early requests because of its unique multi-layer incentivization model. The generation of the first 100,000 blocks has already started and it will bring SpaceSwap holders extra dividends. At the very beginning, each block will generate 1000 MILK.
The generation of the next block automatically unlocks the coins. After the first 100,000 blocks are formed, the Space Cow will produce 100 MILK coins for each subsequent block.
Third, SpaceSwap is already implementing a cross-platform token transition. You can easily switch your deposits to the platform’s pools at the lowest possible cost ever.
All in all, holders are attracted to SpaceSwap for its transparency, profitability and security.
It’s the new word on the DeFi market with its new yield farming scheme that allows holders to make huge profits.
What’s next for SpaceSwap?
The SpaceSwap project is currently undergoing the first phase of its development.Right now the development team is working day and night on the launch of the SHAKE coin. SHAKE will be absolutely stable. 1 SHAKE = 1000 MILK. This can become one of the cornerstones of the project and enhance the security of the SpaceSwap platform.
In its turn, it will allow holders to feel safe and keep their assets on the platform.
As the one stop station is on the way to future success, the team behind the project is showing a high level of motivation, after a successful launch.
“The 13000% APY is just the start. We are highly motivated to make the best product on the market. We want it to become revolutionary and change the way yield farming is performed.
We are happy and grateful to all the holders that believed in us from the very start. We’ll announce some cool news very soon!”
So according to the team statement, it was just the first-stage booster. The APY rates of the project and its outstanding system is a great litmus test for the project's reliability.
They’ve made it through the first test.
Open the MILK-ETH pool on Uniswap and click on the ‘Trade’ button to buy MILK instantly.
For more information, check out GitHub or contact the SpaceSwap team:
https://spaceswap.app/
Telegram: t.me/SpaceSwap
Twitter: https://twitter.com/spaceswapdefi
Discord: https://discord.gg/r6RymJj
WeChat channel invitation via manager: