MilkyWay is a Layer-1 blockchain based on Cosmos, pioneering in Liquid Staking and Restaking, aiming to optimize liquidity and security for the modular ecosystem.
The project leverages Celestia technology with milkTIA and other staking Tokens, providing opportunities to earn staking rewards while participating in various blockchain security services.
MAIN CONTENT
MilkyWay provides Liquid Staking and Restaking services for the modular ecosystem on the Cosmos platform.
MILK Token plays a governance role and revenue sharing, supporting the development of the DeFi ecosystem and network security.
The project is backed by several major investment funds such as Polychain Capital, Yzi Labs, and Crypto.com Capital.
What is MilkyWay?
MilkyWay is a Layer-1 blockchain based on Cosmos SDK, focusing on developing Liquid Staking (LSD) and Restaking – two features that enhance liquidity and security. Developed on the Celestia ecosystem since December 2023, MilkyWay breaks new ground in the staking model through Tokens like milkTIA.
Liquid staking Tokens such as milkTIA, milkINIT, and milkBABY are used in DeFi and cross-chain services, continuing to generate staking rewards.
How does MilkyWay operate?
Liquid Staking Process
MilkyWay allows users to stake TIA to receive milkTIA corresponding to the staking rate, while TIA is transferred and staked at Celestia to maintain liquidity while earning rewards.
This process supports liquidity through Osmosis and the IBC cross-chain bridge, providing flexibility for investors in managing staking assets.
Restaking Layer
Thanks to Restaking, staked Tokens like milkTIA can be restaked to support other blockchain services such as Oracles, Data availability layers, Bridges, and Modular rollups, enhancing capital efficiency and rewards.
MilkyWay applies Cosmos SDK and CometBFT to implement multi-chain mechanisms, enhancing complex staking features and security levels for the network.
JayB Kim – Founder of MilkyWay, 4/2025
MilkyWay's products and features
milkTIA – Liquid Staking Token
When staking TIA, users receive milkTIA, a Token that can be freely traded or participate in DeFi activities like lending, borrowing, yield farming, while continuing to accumulate staking rewards.
Restaking Services
Users can stake or restake liquid staking Tokens to protect multiple blockchain services (AVS), receiving additional rewards beyond the initial staking benefits.
Compound Staking Rewards
Staking rewards are automatically reinvested (auto-compound), helping profits to grow continuously without manual claims, optimizing yields.
mPoints System
The mPoints system accumulates points through restaking, providing liquidity and user referrals, used to receive rewards and benefits upon the launch of MILK Token.
Overview of MILK Token
Basic information
Token Name: MILK
Blockchain: Cosmos SDK
Total supply: Details not disclosed
MILK Token distribution
The TGE schedule is expected in the first half of 2025. Current mPoints users will receive MILK airdrops through the MassDrop method from the mPoints system.
Utility of MILK Token
Governance rights to decide on protocol changes.
Share 10% of the protocol fees with Token holders.
Participate in special promotions and rewards in the MilkyWay ecosystem.
IDO information for MILK Token
On April 29, 2025 (Vietnam time), MilkyWay will hold a Token Generation Event on Binance Wallet via BNB Smart Chain in collaboration with PancakeSwap, selling MILK Token at an undisclosed promotional price.
Registration time: 3 PM - 5 PM on April 29, 2025 (GMT+7).
Accepted Tokens: BNB, maximum limit of 3 BNB/person.
Tokens are allocated based on contribution ratios in the event, with no vesting, unlocking immediately.
DEX transactions start right after 5 PM on the same day on Binance Wallet DEX and PancakeSwap.
Investors and partners
MilkyWay has raised 5 million USD from large funds, including Yzi Labs (former Binance Labs), Polychain Capital, Hack VC, Crypto.com Capital, and LongHash Ventures, demonstrating strong market confidence.
Development Roadmap
Timeline Milestone Q4 2023 Launch of liquid staking services for milkTIA on Celestia. Q2 2024 Expansion to Babylon (milkBABY) and Initia (milkINIT). Q4 2024 Launch of restaking services for milkTIA, stTIA, dTIA. H1 2025 TGE of MILK Token via the MassDrop mPoints system. 2025 onwards Expand support for diverse assets (INIT, BTC, ETH, USDC, USDT), develop DeFi and AVS.
Development team
JayB Kim – Founder, former Smart Contract Auditor at Oak Security, Blockchain Engineer at Tendermint, CTO at Cosmostation.
Josie Leung – Non-technical strategist, former Product Owner at Tendermint, Crypto.com, Composable Finance.
Similar projects
Stride: Multi-chain liquid staking.
Quicksilver: Liquid staking on Cosmos.
EigenLayer: Restaking on Ethereum.
Babylon: Bitcoin-native modular security network.
Lido Finance: Liquid staking for Ethereum.
Summary about MilkyWay
MilkyWay builds a three-dimensional staking infrastructure – staking, DeFi, and restaking – leading the modular blockchain trend, especially on Celestia, Initia, and Babylon.
The liquidity unlocking and enhanced security model helps the project become a key partner in the new generation blockchain ecosystem.
If the roadmap is followed on schedule, MilkyWay has the potential to become a blue-chip in the modular infrastructure sector – a key trend in the current blockchain industry.
Frequently asked questions
What is MilkyWay?
MilkyWay is a Layer-1 blockchain based on Cosmos SDK, focusing on developing Liquid Staking and Restaking to optimize liquidity and security for modular blockchain.
What is the role of MILK Token?
MILK Token is used for protocol governance, sharing 10% of the protocol fees, and participating in DeFi promotions within the MilkyWay ecosystem.
How to participate in staking on MilkyWay?
Users stake TIA through MilkyWay to receive milkTIA – Liquid staking Token, which can be traded or restaked to earn additional rewards.
How much capital has MilkyWay raised?
MilkyWay successfully raised 5 million USD from major investment funds such as Polychain Capital, Yzi Labs, and Crypto.com Capital.
When will MILK Token be available for sale?
MILK Token will be sold during the Token Generation Event on Binance Wallet from 3 PM to 5 PM on April 29, 2025 (Vietnam time), unlocking immediately after the event.
Source: https://tintucbitcoin.com/milkyway-milk-la-gi/
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