Key Terms

To understand the MilkyWay liquid staking protocol, it is crucial to understand key terms.

This document is designed to provide clear explanations of essential terms used throughout the documentation to help you better understand the MilkyWay liquid staking protocol and to avoid any ambiguity.

• TIA: the native governance token on Celestia.

• milkTIA: receipt token that users receive when staking TIA with MilkyWay. It is a reward-bearing token that increases linearly against TIA over time.

• Operators: a set of trusted entities entrusted with the operation of the MilkyWay protocol, guardians of the Multisigs.

• Validators: established Celestia validators who receive delegations from MilkyWay and selection process will be governed by the MilkyWay DAO in the near future

• Staker Multisig: account on Celestia managed by the operators that hold staker’s funds, grants permission to the Grantee to perform staking actions.

• Grantee: account on Celestia with limited authorisation used by the Coordinator to perform staking actions.

• Coordinator: an off-chain program that coordinates between Celestia and Osmosis with the Grantee account to perform transfer and staking actions.