Deep Dive
1. Blockchain Migration to Arbitrum (Q2 2025)
Overview: MiL.k migrated its blockchain infrastructure to Arbitrum, a Layer-2 scaling solution, to enhance transaction speed and reduce gas fees. This upgrade aims to improve user experience for reward point integrations.
The migration involved deploying MLK’s token contract on Arbitrum (contract: 0x374c5fb7…
), enabling faster cross-chain swaps and compatibility with Ethereum-based dApps. The move aligns with MiL.k’s goal of bridging Web2 loyalty programs with Web3 efficiency.
What this means: This is bullish for MLK because Arbitrum’s low-cost environment could attract more users to MiL.k’s reward ecosystem, increasing token utility. (Source-for-spot-trading))
2. USD1 Loyalty Hub Launch (July 2025)
Overview: MiL.k launched the USD1 Loyalty Hub on BNB Chain, allowing users to earn M-USD1 points by trading or holding USD1-BNB and USD1-MLK pairs on PancakeSwap V3.
The hub uses daily UTC snapshots to distribute points, which can be redeemed for MLK. This integration leverages BNB Chain’s high throughput and MiL.k’s existing Web2 partnerships (1.5M+ users) to drive on-chain engagement.
What this means: This is neutral for MLK as it expands utility but depends on sustained user adoption. Metrics to watch include trading volumes for USD1-MLK pairs. (Source)
3. Toobit Exchange Listing (August 2025)
Overview: MLK was listed on Toobit’s Arbitrum trading zone, enabling spot trading for MLK/USDT. The exchange supports small-balance conversions, improving liquidity access.
The listing follows MiL.k’s blockchain migration, ensuring seamless withdrawals/deposits via Arbitrum. Toobit’s global reach could broaden MLK’s investor base.
What this means: This is bullish for MLK as exchange listings typically boost visibility and liquidity, though short-term volatility may follow. (Source-for-spot-trading))
Conclusion
MiL.k’s codebase updates reflect a strategic shift toward scalable infrastructure (Arbitrum) and on-chain loyalty integrations (BNB Chain). While these upgrades enhance utility, adoption metrics post-launch will determine their long-term impact. How might MiL.k’s Web2-to-Web3 bridge influence its market position against rivals like Fetch.ai?