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, thus paving the way for MuesliSwap to become the first operational DEX on Cardano. For technical details, we refer to the scientific whitepaper outlining the results of MuesliSwap's rigorous research.
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 will support limit orders bringing full control to your investments. What's more, the innovative protocol offers fast transaction settlements paired with low fees and protects against frontrunning.
Overall, MuesliSwap aims to enrich the Cardano Defi ecosystem with a range of new trading features, not only limiting itself to Token Trading but also an NFT Marketplace and a decentralized Token Launchpad.
The token MILK is the utility token that powers the Cardano MuesliSwap ecosystem. It has many useful benefits, available for pre-sale until a few days after launch.
How does MuesliSwap affiliate program work? - step by step
| Steps | How it works |
|---|---|
| Joining an Affiliate Program | Similar to traditional affiliate marketing, you start by join a crypto affiliate program by contacting a business development manager or access affiliate program homepage. |
| Getting Your Unique Affiliate Link | Each program has its own requirements. Once you qualify, you will receive your unique affiliate link. It is with this link that you’ll promote the company’s products or services. |
| Promoting Products/Services | You then promote the products or services through various channels, including blogs, websites, email newsletters, or social media platforms. |
| Earning Commissions | When someone clicks on your affiliate link and completes a desired action (such as signing up), you earn a commission like a fixed fee per conversion or by percentage of transaction volume. |
| Tracking and Analytics | You can see metrics such as clicks, conversions, and commissions earned. This enhances your marketing campaigns and generates better results. |
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