Overview

• Project: MilkyWay is a modular staking portal combining liquid staking and restaking to boost security, scalability, and liquidity in blockchains like Celestia.
• Blockchain: Celestia (Osmosis, with Rollkit migration planned), Initia.
• Contract Address: 0x51db8a22b961a048238ad4f9498602e0089291c1
• Launch Date: December 18, 2023 (TGE: April 29, 2025)
• Purpose: Governance, fee sharing (10% of milkTIA rewards), trading, staking, and DeFi utility.

Mechanics

Liquid Staking

• Process: Users stake TIA/INIT via app.milkyway.zone (Keplr/Leap wallet), receiving milkTIA/milkINIT, which accrue staking rewards and remain liquid for DeFi use (e.g., Osmosis, Levana).
• Benefits: No 21-day lock-up, auto-compounding rewards (7–10% APR), validator abstraction for optimized performance.
• Example: Stake 100 TIA, get 100 milkTIA, earn staking rewards, and lend on Osmosis for 5–15% APR.

Restaking

• Process: Restake TIA/milkTIA to secure modular chains or AVS, earning additional rewards (2–5% APR).
• Benefits: Triple returns (staking, DeFi, restaking), supports modular blockchain security.
• Example: Restake milkTIA to Astria’s Sequencer Network for extra yield.

Governance and Fee Sharing

• Governance: $MILK holders vote on protocol changes via a 100% DAO model.
• Fee Sharing: 10% of milkTIA staking rewards distributed to $MILK holders.
• Example: $1M monthly milkTIA rewards yield $100,000 for $MILK holders.

mPoints and Airdrop

• mPoints: Earned pre-TGE by holding milkTIA (1 mPoint/day) or using it in DeFi (1.25 mPoints/day). Determined airdrop eligibility.
• Airdrop: 100M MILK (10% supply) airdropped on April 29, 2025, with unlocks (2% TGE, 2.5% at 3/6 months, 3% at 12 months).

Tokenomics

• Total Supply: ~1.2B MILK
• Circulating Supply: 238.9M–240M
• Market Cap: $30.55M–$30.97M (#672–#937)
• Price: $0.1279 (down 13.81% in 24h)
• Trading Volume (24h): $17.34M–$27.90M
• FDV: $100M–$200M
• Exchanges: MEXC, Bitget, Bybit, CoinEx, PancakeSwap, Osmosis
• Airdrop Allocation: 10% (100M MILK, phased unlocks)

Conclusion

MilkyWay’s $MILK token powers a leading liquid staking and restaking protocol, offering liquidity, high yields, and governance in the Celestia ecosystem. Despite volatility and competition, its $190M TVL and strong backing make it a compelling high-risk opportunity. Trade cautiously, stake for yields, and verify data on CoinMarketCap or MilkyWay Docs.