MilkyWay

1. Summary

Ranks

Liquidity

-

Developer

-

Social

71

Momentum (beta)

0

Stack Rank™

-

Price

$0.000006540000 0.0%

Market Cap

$ (#31535)

Supply

/

Tags

More Metrics

Price
52W High price	$0.000095540400
52W High date	5th Dec 2022 (2 years ago)
All Time High (ATH) Date	5th Jan 2025 (4 months ago)
All Time Low (ATL) Date	5th Jan 2025 (4 months ago)

Supply & Trading Volume
Trading Volume (24h)	$17.00

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Description

MilkyWay offers a liquid staking solution for Celestia's TIA token. By staking TIA, users can secure the Celestia network and earn staking rewards. This service is provided through the on-chain representation of the staking position called milkTIA, which can be utilized in various DeFi activities for further compounding rewards. MilkyWay operates o...

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MilkyWay offers a liquid staking solution for Celestia's TIA token. By staking TIA, users can secure the Celestia network and earn staking rewards. This service is provided through the on-chain representation of the staking position called milkTIA, which can be utilized in various DeFi activities for further compounding rewards. MilkyWay operates on Osmosis, utilizing CosmWasm contracts. The platform is designed to be 100% governed by a decentralized autonomous organization (DAO), ensuring community control over protocol decisions. Validators are chosen from Celestia's validator set, with staked TIA distributed evenly among them. Users also incur gas fees and commissions charged by validators, along with a 10% protocol fee on staking rewards.

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