MILK

MilkyWay is an application-specific Layer-1 blockchain, purpose built with the Cosmos SDK and secured by CometBFT consensus. Its native asset MILK powers every economic and governance function of the network.

MILK Utility

• Gas & Fees: Pay transaction fees for all onchain activity (transfers, smart contract calls, IBC packets, etc.)

• Proof-of-Stake Security: Bonded to validators; slashing and rewards align economic incentives with honest block production.

• Governance: Each staked token equals one vote on parameter changes, treasury spends, and software upgrades, etc.

• Fee distribution: A share of gas fees and service revenue cycles back to stakers, creating a positive sum flywheel.

• Liquidity: Serves as the primary quote asset for AMMs, lending markets, and derivatives integrated with MilkyWay.

Design Principles

• Modular by Default: Built to natively host liquid staking and yield opportunities without compromising core chain performance.

• Capital Efficiency: MILK inflation targets a 60 % bonded ratio, balancing network security with attractive staking yields.

• Community Owned Governance: All upgrades including validator set changes, parameter tuning, and new module deployments require onchain token holder approval.

• Interchain Composability: IBC native from genesis, enabling seamless asset and data flow to the wider Cosmos and beyond.