MILK Token Migration FAQ
Here, you'll find answers to common questions about transitioning from MILK to MILKv2. Our aim is to ensure a smooth and straightforward migration process for all our users.
Last updated
Was this helpful?
Here, you'll find answers to common questions about transitioning from MILK to MILKv2. Our aim is to ensure a smooth and straightforward migration process for all our users.
Last updated
Was this helpful?
The MILK Token Migration is the process of transitioning from our to the .
This migration introduces decimal places for enhanced transaction flexibility and ensures both versions retain full utility within our ecosystem.
Policy ID:
Token name: MILKv2 (4d494c4b7632)
Decimal places: 6
Total supply: 10,000,000.000000
Start Date: 26 Jan 2024
End Date: There is no fixed end date for the migration. However, it's advisable to migrate early as rewards for MILK v1 will gradually decrease over time.
Decimal Places: MILKv2 supports decimal places for greater transaction precision.
Ease of Process: The migration involves a simple, one-time procedure of burning MILK v1 tokens and receiving MILK v2 tokens.
Earn your Milks Worth: The rewards for farms and flexible staking of the old Milk token will decrease over time, therefore you should consider moving your MILK to keep earning to the fullest potential.
Yes, you can migrate all MILK tokens in your wallet to MILK v2 at once. This is the recommended approach for convenience and efficiency.
Absolutely. You can choose to migrate only a part of your MILK tokens using the Migration dialogue feature available on our platform.
Due to the decentralized nature of Muesliswap, this process requires manual intervention:
Remove LP Tokens: Withdraw your LP tokens from the existing MILK/ADA and MILK/ADA LBE farms.
For liquidity providers, follow these steps:
Unstake from MILK/ADA Farming: Ensure all your LP positions are migrated.
For Flexible Staking, you'll need to:
Withdraw Stakes: Remove your stakes from the old staking pools.
Restake: Stake the new MILK tokens into the new staking pools.
Remember: Continuous migration with no set end date means you can migrate at your pace. However, migrating early is beneficial as rewards for MILK v1 will decrease over time.
Simply head to the and follow the instructions on there.
Convert LP Tokens: Use the migration dialogue on to convert your old LP tokens into new ones compatible with MILK v2 pools.
Convert LP Tokens: Press the button on the to convert your existing MILK LP tokens into the new MILK LP tokens.
Migrate Tokens: Migrate the MILK tokens back to your wallet .