#MILK
MILK is the token of the modular ecological project MilkyWay, focusing on liquid staking and restaking services.
In simple terms, it allows you to earn staking rewards on the coins you deposit while also being able to use them in other DeFi projects to continue generating income.
Investors include top institutions such as Binance Labs, Polychain, and HackVC, with a seed round financing of $5 million, and the team's background can be considered reliable.
In deep collaboration with Celestia (TIA) and Initia (not yet launched), it is a core project in Binance's modular ecological layout.
The total locked amount exceeds $200 million, but similar projects like EigenLayer have a TVL that is a hundred times greater (11.8 billion), indicating that there is still potential in market value.
Low circulation makes it susceptible to speculation.
The official promise is to airdrop 10% of the tokens to staking users, and recent activities have attracted a large number of profit-seekers, generating high interest.
If Initia's mainnet launches and ignites the modular ecosystem, MILK, as the core staking protocol, will see both TVL and token price rise.
The ability to attract more assets (such as BTC, ETH) into restaking will determine its ceiling.
However, the competition in the modular track is fierce, and if technology deployment slows, interest may easily wane.
Staking operations are also somewhat complex, with a high participation threshold for retail investors, which may limit growth.
