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Ever since Cool Cats introduced its plans to launch $MILK tokens late final yr, the neighborhood has been abuzz over its specifics. Mainly, $MILK is a social token throughout the Cool Cats ecosystem. In different phrases, it offers holders extra utility in ‘Cooltopia’. 

Illustration of $MILK token
$MILK serves as a social token within the Cool Cats ecosystem. Credit: Cool Cats

Whereas Cool Cats had initially deliberate to launch $MILK in 2021 This autumn, it was delayed to January, after which later to February. For sure, the delay in launching $MILK in addition to Cool Pets, was met with backlash from the neighborhood. Let’s take a deeper take a look at how $MILK works.

Cool Cats holders can passively earn $MILK tokens

So, how do you earn $MILK tokens? In case you are a Cool Cat holder, you’ll mechanically earn $MILK. As quickly because the contract is deployed, you can begin claiming the token, which accumulates over time. 

A chart showing daily $MILK earnings of Cool Cats
Right here’s a breakdown of how a lot $MILK Cats and Pets can earn per day based mostly on their rarity. Credit: Cool Cats

Alternatively, you possibly can earn $MILK by sending your Cool Pet on quests. You should have an opportunity to choose one quest out of 5. Based mostly on its evolutionary stage and its aspect, the Pet will purchase the corresponding quantity of tokens. This quantity can even rely on the rarity of the hunt.

In line with a blog post by Crypto Whippet, a consumer can earn a median of 67 $MILK per quest. Nonetheless, as two of the quests might be of Widespread rarity, the true common $MILK per quest is 51.4 $MILK. Since Cool Pets can go on quests 10 occasions a day, customers can earn a median of 514 $MILK per day.

When you earn $MILK tokens, there’s lots you are able to do with them. For one, you need to use them to purchase Battle or Housing chests to go on quests. You additionally want $MILK to evolve your Cool Pets. Extra options and features will comply with swimsuit!

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