Cool Cats just announced that they will be reducing the $MILK token rewards starting June 15th. Therefore, the team urged NFT holders to request unclaimed milk in the next few hours. Additionally, the Cool Cats team also revealed that the reduction from 2x to 1x will affect quests, milk claims, and staking.
What is $MILK?
$MILK is the social token of the Cool Cats ecosystem. It is essential for purchasing Cool Pets, Housing and Battle Chests, as well as for quests and future gamification items. The unique thing about the $MILK token is that if you are an NFT holder, you will automatically earn $MILK. Additionally, you can claim the token once you’ve minted your NFT and accumulate more $MILK over time.
$MILK are ERC-20 tokens on the Polygon and Ethereum blockchains. There are just over 60 million tokens in circulation benefiting users in the Cool Cats ecosystem, Cooltopia. To earn more tokens, you can buy them on decentralized exchanges and use your Cool Pets to complete quests and earn $MILK.
About cool cats
It’s safe to say that Cool Cats is one of the most popular NFT-based projects. The collection of 9,999 randomly generated and style-curated NFTs featuring cats has been popular since it first launched in July 2021. To consolidate its leadership position, the NFT project has also launched Cooltopia as well as Cool Pets. Recently, the NFT project announced an exclusive partnership with The SandBox, which is sure to further strengthen the brand.