> For the complete documentation index, see [llms.txt](https://docs.muesliswap.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.muesliswap.com/cardano/tokenomics/muesliswap-milk.md). # MuesliSwap MILK **NOTE:** On January 26, 2024, as decided through a [governance vote](http://vote.muesliswap.com/helios/e/dao-transition), we have started migrating the [original MILK token](https://cardanoscan.io/token/8a1cfae21368b8bebbbed9800fec304e95cce39a2a57dc35e2e3ebaa4d494c4b) into the [new MILKv2 token](https://cardanoscan.io/token/afbe91c0b44b3040e360057bf8354ead8c49c4979ae6ab7c4fbdc9eb4d494c4b7632) in order to feature decimal places for increased flexibility. There's a 1:1 correspondence between MILK and MILKv2, hence the total and circulating supply is unaffected by this migration. For details on the migration process, see the [MILK Token Migration FAQ](https://docs.muesliswap.com/cardano/milk-token-migration-faq). *** **We are proud to present** the MuesliSwap MILK token 🥛 - the official governance and utility token of MuesliSwap on Cardano and Milkomeda. **The total supply of our utility token is fixed to 10 million (10,000,000) MILK, and 5.3 million (5,300,000) MILK are currently in circulation.** Moreover, we have allocated \~ 1.12 million MILK to our yield farming campaign. **Roadmap of MILK Token** This is the list outlining the MILK token utilities. 1. Launch of **MILK trading** on the MuesliSwap exchange 2. **Staking of MILK**: Collect new Cardano tokens by staking your MILK 3. **Premium trading features** (e.g. access to advanced monitoring and stock analysis) 4. **Reduced trading fees** 5. Development of MuesliSwap towards a **DAO** by 1. using MILK to contribute in community votes on listing of new token featured 2. giving MILK holders the opportunity to decide on new features of MuesliSwap, and influencing the future development timeline. Summarizing, MILK will many useful benefits as the utility token of MuesliSwap: * **Trading:** access to exclusive exchange features and lower transaction fees * **Voting:** Vote on community governance proposals * **Staking:** Participate in the MILK pools and collect new Cardano tokens * **Early Access:** Get early access to MuesliPad (the innovative launchpad from MuesliSwap) The policy ID of MILKv2 is [`afbe91c0b44b3040e360057bf8354ead8c49c4979ae6ab7c4fbdc9eb`](https://cardanoscan.io/token/afbe91c0b44b3040e360057bf8354ead8c49c4979ae6ab7c4fbdc9eb4d494c4b7632). The policy ID of MILK is [`8a1cfae21368b8bebbbed9800fec304e95cce39a2a57dc35e2e3ebaa`](https://cardanoscan.io/token/8a1cfae21368b8bebbbed9800fec304e95cce39a2a57dc35e2e3ebaa4d494c4b). --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.muesliswap.com/cardano/tokenomics/muesliswap-milk.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.