General

Is there a token for MilkyWay?

MilkyWay has not minted its own token yet. Be cautious of anyone claiming otherwise, as they may be engaging in phishing or spam. Always verify information through our official channels to ensure its authenticity.

What is $MILK?

$MILK will be the native token of the MilkyWay Protocol. $MILK holders will receive a portion of the 10% protocol fee charged on all staking rewards generated by milkTIA holders. $MILK will also be the governance token of the MilkyWay Protocol, meaning that $MILK holders will have the power to vote on changes to the protocol, such as new features, fee structure, and treasury management. The MilkyWay Protocol is committed to being 100% governed by a decentralized autonomous organization (DAO). This means that the community will have full control over the protocol and its future.

Who are the validators that I am staking with?

MilkyWay does not operate any validators. Instead, it partners with trusted validators from Celestia's validator set. For a complete list of the current validator set, please refer to the documentation. When staking TIA through MilkyWay, you cannot choose which validator to stake with. The staked TIA is evenly distributed among all validators. None of the validators will charge a commission of more than 10%

Are there any costs to use MilkyWay?

Since MilkyWay operates as an on-chain protocol, interacting with the platform will incur gas fees. The cost of gas will depend on the chain's settings and demand. In addition to gas fees, there are other costs to consider. Validators may charge a commission fee of up to 10%. MilkyWay also applies a 10% protocol fee on staking rewards.

Will I qualify for TIA airdrops if I stake with MilkyWay?

We are working on a solution to distribute airdrop tokens to milkTIA holders and will share more details once it is confirmed.

What is MilkyWay Minita?

MilkyWay Minita is our Layer 2 (L2) solution built on the Initia ecosystem. It will host our restaking portal, enabling users to restake and manage their assets more efficiently within the Initia network.

Has MilkyWay been audited?

Yes, at MilkyWay, we take security very seriously. We have undergone comprehensive audits by reputable third-party security firms to ensure that our smart contracts and platform are secure. The reports can be found in our documentation