Overview
Last updated
Last updated
MilkyWay provides a liquid staking service for the modular ecosystem as the first product line.
MilkyWay’s modular liquid staking focuses on blockchains like the Celestia and the Initia in the modular ecosystem. We're strong believers in the modular ecosystem as modular chains achieve greater scalability, security, customization, and optimization by separating layers—execution, settlement, consensus, and data availability—allowing each layer to specialize in its specific function.
At MilkyWay, we leverage a range of cutting-edge solutions tailored to modular blockchains to provide liquid staking services in the most secure way possible. Our goal is to simplify the process for users, allowing them to enjoy the benefits of liquid staking without the complexity.
Today, Proof-of-Stake (PoS) is the dominant consensus mechanism used by most blockchain networks. In PoS networks, token holders stake their tokens to support securing the network and earn staking rewards in return. When they withdraw their tokens, they must wait through a withdrawal period before getting them back. This is where liquid staking comes in as a revolutionary solution that makes staked tokens become liquid, allowing to bypass the withdrawal period. This empowers them to maintain their staking position while simultaneously maximizing returns on their capital. For a deeper understanding, refer to our Liquid Staking 101 page.
For the Celestia blockchain, we developed a unique Authz Delegated Multisig design, providing robust and secure liquid staking service.
Asset: $TIA
Our LST: $milkTIA
For a deeper understanding, refer to the For Celestia page.
For the Initia blockchain, we developed our L2 application purpose-built blockchain on the Initia ecosystem and provide a robust and secure liquid staking service.
Asset: $INIT
Our LST: $milkINIT
For a deeper understanding, refer to the For Initia page.
