Liquid Staking Protocol

How does staking with MilkyWay work?

MilkyWay is deployed on the Osmosis chain.

You can liquid stake your TIA on Osmosis and or Celestia for milkTIA. The TIA you staked will be delegated uniformly across MilkyWay's validator set. Staking rewards are automatically compounded.

For a detailed explanation of how MilkyWay's staking flow works, please refer to the documentation.

Why is MilkyWay on Osmosis?

Osmosis DEX offers the largest on-chain TIA liquidity and supports CosmWam contracts, making it the ideal platform to initiate milkTIA issuance.

MilkyWay plans to transition to its own rollup chain within the Initia ecosystem with Celestiaโ€™s data availability (DA) underneath.

How is the exchange rate calculated?

The Exchange rate is calculated by dividing the Staked TIA + accrued staking rewards by the total milkTIA minted

For a detailed explanation of how milkTIA:TIAโ€™s exchange rate works, please refer to the documentation.

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