MilkyWay is a Cosmos-based Layer-1 blockchain focusing on two core features:
Liquid Staking (LSD) – staking tokens while maintaining liquidity.
Restaking – allowing the same staked assets to be used to protect multiple different blockchain services (AVS – Actively Validated Services).
Launched in December 2023 on the Celestia (TIA) ecosystem, MilkyWay quickly became the pioneering Liquid Staking and Restaking protocol in modular blockchain, aiming to consolidate liquidity and security for the entire network.
MilkyWay's prominent LSD tokens include milkTIA, milkINIT, and milkBABY. These tokens can be freely used in DeFi, cross-chain bridges, while continuing to receive staking rewards.
How does MilkyWay work?
Liquid Staking Process
Liquid Staking Mechanism
Users stake TIA through MilkyWay.
The system mints milkTIA at the current staking rate and sends it to users via Osmosis.
The original TIA will be transferred to Celestia through IBC and staked to MilkyWay's validators.
Liquid Staking Process
Restaking Layer
Restaking Architecture on MilkyWay
Users can restake already staked tokens like milkTIA, stTIA, or dTIA to multiple services (AVS).
Thus, the same assets can receive staking rewards while participating in security for multiple projects, optimizing yield and capital efficiency.
MilkyWay uses Cosmos SDK and CometBFT to support cross-chain IBC, advanced staking logic, and flexible security mechanisms.
Products and Features of MilkyWay
milkTIA – Liquid Staking Token
Restake on MilkyWay
Stake TIA → receive milkTIA.
milkTIA can still be traded, participate in DeFi, lending/borrowing, yield farming.
Restaking Services
Stake or restake milkTIA, stTIA, dTIA… to protect services such as:
Oracles
Data availability layers
Bridges
Modular rollups
Earn additional rewards from restaking beyond basic staking profits.
Compound Staking Rewards
Staking on MilkyWat
Staking rewards are auto-compounded (automatically reinvested).
Users do not need to manually claim, profits grow naturally over time.
mPoints System
The mPoints reward system is used to exchange benefits at the MILK token launch event.
Earn mPoints through:
Restaking
Providing liquidity
Participating in referring new users.
Overview of MILK Token
Basic Information
Token Name: MILK
Blockchain: Cosmos SDK
Total Supply: Not yet disclosed in detail
MILK Token Distribution
TGE (Token Generation Event): expected in the first half of 2025.
MassDrop from mPoints system: Current mPoints users will be converted to MILK airdrop.
MILK Token Vesting Schedule
Utility of MILK Token
Governance: MILK holders can vote on important protocol changes.
Revenue sharing: MILK owners share 10% of protocol fees.
Participate in DeFi benefits: Join special pools, receive additional rewards in the MilkyWay ecosystem.
MILK Token IDO Information
On April 25, 2025, Milkyway (MILK) will open a Token Generation Event (TGE) on Binance Wallet through BNB Smart Chain, in collaboration with PancakeSwap. This event provides an opportunity for investors to participate in buying the official token of Milkyway (MILK) at a preferential price before listing on a decentralized exchange (DEX).
Token Name: Milkyway (MILK)
Blockchain: Not yet clear
Registration Time:From 3 PM to 5 PM on April 29, 2025 (Vietnam Time)
Total Capital Raised: Not yet clear
Price per Token: Not yet clear
Total Token Allocation: Not yet clear
Accepted Token:BNB
Maximum Registration Limit per Person:3 BNB
Mandatory Binance Alpha Point: Will be updated tomorrow
Token Allocation: Based on the percentage of registered amount compared to total funds sent during the event
Vesting: None (immediately unlocked)
DEX Trading Time:Immediately after 5 PM on April 29, 2025 (Vietnam Time) on Binance Wallet DEX or PancakeSwap
Investors and Partners
Investors in MilkyWay
MilkyWay has successfully raised 5 million USD from major funds:
Binance Labs
Polychain Capital
Hack VC
Crypto.com Capital
LongHash Ventures
Development Roadmap
Time
Milestone
Q4 2023
Launch of liquid staking service milkTIA for Celestia.
Q2 2024
Expansion to Babylon (milkBABY), Initia (milkINIT).
Q4 2024
Launch of restaking service for milkTIA, stTIA, dTIA.
H1 2025
MILK token TGE through mPoints MassDrop system.
2025 and beyond
Expand support for more assets (INIT, BTC, ETH, USDC, USDT), diversify DeFi & AVS.
Development Team
JayB Kim – Founder (former Smart Contract Auditor at Oak Security, Blockchain Engineer at Tendermint, CTO at Cosmostation).
MilkyWay positions itself as the number 1 liquid staking and restaking infrastructure for the modular blockchain ecosystem, especially Celestia, Initia, and Babylon. With a three-dimensional staking model (staking – DeFi – restaking) and a community-designed MILK token, MilkyWay not only solves capital efficiency but also opens up a new security approach for the next generation of blockchain.
If MilkyWay follows its roadmap correctly, this will be a blue-chip modular infrastructure worth closely watching, especially in the upcoming modular blockchain wave.
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
