What is MilkyWay?
Last updated
Last updated
MilkyWay is the first and largest liquid staking and restaking protocol in the modular ecosystem.
In December 2023, as strong believers in modular architecture, we began our journey by pioneering an enhanced liquid staking solution for the Celestia blockchain and have evolved into a comprehensive solution that unifies liquidity and security across a broad range of blockchain services. MilkyWay aims to consolidate fragmented trust and security by allowing multiple services to tap into a single, flexible pool of staked assets. This approach not only streamlines security for developers but also empowers users to capitalize on multiple earning opportunities.
This was Phase 1 of our end-to-end liquid staking portal, allowing TIA holders to stake without locking up their asset. Instead, they receive a representative token of their staking position (known as Liquid Staking Token or Liquid Staking Derivative), which can be used to participate in various DeFi protocols to maximize their returns. Since then, it has gained significant traction from the community, and milkTIA, the receipt token of TIA, is now listed across numerous DeFi protocols. See the full list of DeFi protocols that have listed milkTIA in the Discovery page.
In the rapidly growing landscape of the modular ecosystem, we’re now expanding to Phase 2: a go-to platform for efficiently plugging in and out security for Blockchain projects powered by restaking protocol for the modular ecosystem. This phase aims to solve the fragmented trust and crypto-economic security issues in blockchain networks. By integrating restaking solutions, we support the rapid growth of the modular ecosystem while generating greater yields for our users.
Modular Liquid Staking Product
It’s a liquid staking service for the modular ecosystem with its own unique design in the most secure way possible.
Product is live for Celestia ($TIA) with $milkTIA, and soon for Initia ($INIT) with $milkINIT.
Modular Restaking Product
It's a modular restaking protocol, the go-to platform for efficiently plug in and out security for off-chain services that are in need of their own validation process for verification—a place for any developer to borrow security to bootstrap their services.
Restaking deposit is live for $TIA and LSTs of TIA, such as milkTIA, stTIA, and dTIA. Other assets like USDT/USDC, BTC, ETH, and other modular assets will be whitelisted in the near future.
Celestia and Initia Stakers:
Stake $TIA or $INIT without locking up your assets—earn base staking rewards plus flexible DeFi options.
Service Developers (AVS Builders):
Quickly integrate a robust security layer without designing a staking token, bootstrapping a separate validator set, attracting stakers, and gaining market adoption. Section 3.2 in the whitepaper explains the key components and how services tap into restaked collateral.
Operators & Validators:
Expand your revenue streams by securing multiple AVSs. The whitepaper’s Section 3.2 clarifies how operators fit into the ecosystem, ensuring stable decentralized trust networks.
Yield Seekers (Restakers):
Earn additional rewards by restaking your existing staked assets to secure new projects and services.
Investors & Liquidity Providers:
Diversify your portfolio by participating in a thriving ecosystem of modular chains, LSDs, and restaking services.
MilkyWay leverages a range of cutting-edge solutions to deliver products that unify liquidity and security across a broad range of blockchain services. MilkyWay prioritizes a seamless user experience and chain abstraction.
To dive deeper into the mechanics behind our solutions, go to our dedicated pages on Modular Liquid Staking and Modular Restaking.
We aim to become the most recognized liquidity and security hub in the modular ecosystem—maximizing user opportunities, increasing capital efficiency, and minimizing overhead for blockchain builders. This mission aligns with a broader industry goal: to reduce the complexity of security bootstrapping, encouraging a scalable, interconnected blockchain environment.
Join us on Discord and Telegram—we welcome everyone whether you're a product user, AVS builder, operator, validator, or investor. For support, reach out to us at support@milkyway.zone.