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What is MILK Token?

A brief summary of MILK's use case

Updated over 3 weeks ago

As of July 2025 MILK is not available to use on Quanto as collateral of any form. We apologise for the inconvenience and assure you MILK will return to action as soon as feasible.

Token Details

MILK Token Overview

Losing traders are distributed $MILK tokens to sweeten the loss.

$MILK is purely a memecoin at this point, but it can be traded and could have future utility within the exchange.

The primary and only utility of the MILK token is using as collateral and staking it in vaults within the Quanto ecosystem. This staking mechanism ties MILK to the broader gameplay and strategies offered on the platform.

  1. Value in Strategies
    MILK has a fixed, hardcoded value of 0.05 $QTO when used as collateral in the QLP strategy. This means that every 20 $MILK is equivalent to 1 $QTO in this use case.

  2. Staking and Rewards
    Users can stake their MILK tokens to earn $QTO rewards, effectively allowing participants to stack $QTO "for free." This mechanism provides an easy and engaging way to familiarize yourself with QLP while generating value.

  3. Practical Use Case
    Staking MILK is particularly useful for exploring QLP without committing substantial $QTO upfront. It's a hands-on, risk-minimized way to understand the strategies while earning rewards.

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