MuesliSwap

On November 26, 2021, MuesliSwap successfully launched a decentralized exchange on Cardano mainnet, making it the first among many competitors to leap into this new era of DeFi on Cardano.

With MuesliSwap, a novel approach for modelling and implementing a DEX on Cardano is proposed by revisiting the traditional order book model. The exchange protocol draws from game-theoretic concepts and distinguishes itself from alternatives through simplicity, modularity, self-regulation, and full decentralization. Moreover, MuesliSwap also features a DEX aggregator f

The approach to token trading by the MuesliSwap Team distinguishes itself from the popular approaches to trading, taking into account the Cardano transaction model. 

The EUTxO model of the Cardano blockchain makes it possible to use the order book model as a decentralized exchange, in contrast to the AMM model used on other blockchains. MuesliSwap support limit orders bringing full control to your investments. What’s more, the innovative protocol offers liquidity pools that provide liquidity to the orderbook while letting users earn pasive income through trading fees and yield farming.

MILK is the utility token that powers the Cardano MuesliSwap ecosystem.