Parāçara said:—Thus addressed by the god of gods, all the celestials, concluding peace with the Asuras, set about churning for ambrosia. And procuring various medicinal herbs, the deities, the offspring of the Daityas, and the Dānavas,—throwing the same into the waters of the ocean of milk, resembling autumnal clouds,—and O Maitreya, making Mandāra the churning-stick and Vāsuki the twine,—at once addressed themselves to churning for ambrosia.

In plain words: The gods followed Vishnu's advice and made peace with the demons. Together they threw healing herbs into the white Ocean of Milk. Using Mount Mandara as the stick and Vasuki the serpent as the rope, they began to churn.