Restaking Protocol

What is restaking?

Restaking is a new way to secure blockchain networks that builds on the existing Proof of Stake (PoS) system. Restaking allows asset holders to deposit any tokens including their native tokens or liquid staked tokens (LSTs) such as USDC, TIA, milkTIA etc, to secure Actively Validated Services (AVSs), making the system more efficient and reducing unnecessary costs.

What projects can be AVSs?

Any service that requires additional security can become an AVS on MilkyWay. This includes, Rollups, Data availability layers, Virtual machines, Oracle networks, Bridges, AI systems, and more. Essentially, any service or program that wants to increase decentralized trust.

What AVSs are going to be secured by the MilkyWay Restaking portal?

MilkyWay will secure a variety of AVSs within the modular ecosystem, including:

• DeFi: Blackwing, Tucana

• Oracle: OJO

• Data: Nubit

• AI: Supersight

• Bridge: Restaked Relayer

These AVSs cover key areas like DeFi, data management, oracles, and cross-chain bridges, ensuring robust security across the modular ecosystem. And this is just the beginning—many more AVSs will be added in the future as the ecosystem continues to grow.

How can restakers benefit from restaking?

As a restaker, you can make your assets work harder for you. By restaking your assets, you're not just securing one network but also providing security for additional services across different chains, known as "Active Validator Services" (AVS). In return, you earn extra yield, giving you more income on top of your regular staking rewards.

How is MilkyWay’s restaking different for restakers?

MilkyWay is a modular restaking protocol tailor made to cater the dynamic use cases of the modular ecosystem, our approach gives users more control over how your tokens are used with several key features:

• Multi-Asset Support: MilkyWay supports restaking from a wide variety of tokens, giving you greater flexibility and choice in your restaking strategy.

• Hybrid Models: Unlike traditional methods where operators control your funds, MilkyWay offers three options:

  • Pool: Pool your tokens with others to maximize yields, suitable for users willing to leverage some risk.

  • Operator: Delegate your tokens to a specific operator, who will then decide which services to secure.

  • AVS-Centric: Directly choose a specific service (AVS) you want to support, whether you like the team, project, or rewards.

What makes MilkyWay unique?

MilkyWay’s modular design supports a wide range of assets from different chains. This flexibility allows for a more open market for decentralized trust, providing extra yields for stakers, new revenue for operators, and simplifying network bootstrapping across all blockchain ecosystems.

How is MilkyWay different for AVSs?

MilkyWay empowers AVSs to customize how they secure their services. AVSs can set custom delegation and slashing rules. As the needs of AVSs evolve, MilkyWay’s modular system can adapt by incorporating new types of slashing rules, ensuring flexibility for future requirements. Additionally, AVSs have the freedom to choose the tokens and operators they want to be secured by, providing greater control over their security setup.

What tokens can be restaked with MilkyWay?

At the restaking mainnet launch, users will be able to restake native TIA, milkTIA, stTIA, and dtTIA. MilkyWay’s flexible structure allows users to restake a wide range of tokens. We plan to accept additional modular tokens like INIT, liquid staked INIT, ATOM, and more as we continue to expand.

Is there a liquid restaking token (LRT)?

Yes, MilkyWay’s restaking protocol is permissionless, allowing anyone to build their own liquid restaking service. We anticipate the emergence of multiple Liquid Restaking Tokens (LRTs). As of now, the Inertia team is actively developing an LRT on the MilkyWay restaking protocol.

What is a LRT?

A Liquid Restaking Token allows you to restake your tokens while keeping them liquid, similar to staking with LSTs like milkTIA or milkINIT. This means you can earn additional rewards by securing AVSs without locking up your assets, allowing you to simultaneously use your tokens in DeFi and other activities.