MilkyWay Docs
  • INTRODUCTION
    • Welcome to MilkyWay
    • Mission and Vision
    • MILK
      • Tokenomics
    • Whitepaper (PDF)
  • User Guides
    • For Liquid Stakers
      • Quick Start
      • Liquid Staking 101
      • Celestia (milkTIA)
        • Using third party apps
          • Camelot
          • Demex
          • Dymension
          • Levana
          • Margined
          • Mars
          • Osmosis
          • UX
      • Initia (milkINIT)
      • Babylon (milkBABY)
        • User Flow
        • One-Click Stake
    • For Restakers
      • Quick Start
      • Restaking 101
      • Creating a wallet
      • Restaking your assets
      • For Restakers
    • Bridging
      • Hyperlane
      • IBC Eureka
  • Infrastructure Operators
    • For MilkyWay Validators
      • Quick Start
      • For Validators
        • Consesus node
        • Validator node
  • Architecture
    • Modular Liquid Staking
      • Overview
      • For Celestia (milkTIA)
        • Technical Architecture
          • Liquid Staking Process
          • Withdrawal Process
          • Exchange Rate
          • Compound Staking Rewards
          • Claim Process
          • Limits and Restrictions
        • Integrating with milkTIA
          • Contract Specifications
          • APIs specification
      • For Initia (milkINIT)
        • Technical Architecture
          • Liquid Staking Process
          • Withdrawal Process
          • Exchange Rate
          • Compound Staking Rewards
          • Claim Process
          • Limits and Restrictions
        • Integrating with milkINIT
          • Liquid staking module specifications
          • Chains specifications
      • For Bablyon (milkBABY)
        • Technical Architecture
          • Liquid Staking Process
          • Withdrawal Process
          • Exchange Rate
          • Compound Staking Rewards
          • Claim Process
          • Limits and Restrictions
        • Integrating with milkBABY
          • Liquid staking module specifications
          • Chains specifications
    • Modular Restaking
      • Overview
        • Technical Architecture
        • Design Philosophy
        • Programmable Rules
        • Economic Model
        • Use Cases
      • Modules
        • x/assets
        • x/ibc-hooks
        • x/liquidvesting
        • x/operators
        • x/pools
        • x/restaking
        • x/rewards
        • x/services
        • x/tokenfactory
      • For Service Operators
        • Quick Start
        • For Operators
          • Operator Management
          • Opt-in and Opt-out Services
      • For Service Developers
        • Quick Start
        • For Services Admins
          • Service Management
          • Inviting Operators to Join Your Service
          • Creating Rewards Distribution Plan
  • SECURITY
    • Audits
    • Bug Bounty Program
  • APPENDIX
    • Official Links
    • Frequently Asked Questions
    • Glossary
    • Branding Resources
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On this page
  • Introduction to Demex
  • Lend milkTIA on Demex
  • Borrow on Demex
  • Prevent Liquidation
  • To Lend or To LP
  1. User Guides
  2. For Liquid Stakers
  3. Celestia (milkTIA)
  4. Using third party apps

Demex

PreviousCamelotNextDymension

Last updated 11 months ago

Introduction to Demex

Decentralized Mercantile Exchange, or Demex, is a cross-chain platform designed to be the comprehensive DEX for users, supporting a wide array of features including spot, perpetuals, futures markets, and a cross-chain money market. Operating on the Carbon L1 blockchain, Demex boasts high performance with 1 second block latency and supports up to 20k orders per second, thanks to its use of Tendermint for consensus.

Lend milkTIA on Demex

To lend your milkTIA tokens on Demex, follow these steps:

  1. Access Demex Nitron Protocol: Navigate to .

  2. Connect Your Wallet: Connect the wallet holding your milkTIA tokens.

  3. Deposit milkTIA: Visit the deposit page, select milkTIA for deposit, enter the desired amount, and confirm to initiate an IBC transfer from Osmosis.

💡 Tip: If you lack native $SWTH for gas fees, switch the gas token to milkTIA, TIA, or others in Settings.

  1. Start Lending: On the Nitron page, choose milkTIA, specify the amount for lending, confirm your action, and begin earning interest.

💡 Tip: Enable your deposit as collateral to borrow other assets

Borrow on Demex

To borrow assets on Demex:

  1. Borrow: From the Nitron page, select the asset you want to borrow, input the amount, and proceed.

  2. Confirmation and Monitoring: Confirm the transaction. Once processed, utilize the borrowed assets for DeFi opportunities and monitor your position’s health directly on Nitron.

Prevent Liquidation

Regularly monitor your health factor on the Nitron page to mitigate liquidation risks. It’s crucial to understand how the health factor is calculated and the circumstances that lead to liquidation. Demex’s guides offer comprehensive insights into these aspects.

To Lend or To LP

Choosing between lending on Demex and LP-ing on Osmosis involves considering different investment strategies and the risk of impermanent loss.

  • Different Investment Strategies: Lending allows you to borrow assets for various DeFi activities, enabling sophisticated investment strategies. In contrast, providing liquidity on an AMM DEX earns interest through trading fees but ties your assets to a specific pool.

  • Mitigation of Impermanent Loss: Liquidity provision involves the risk of impermanent loss, especially in volatile markets. Lending exposes you to a single asset, potentially reducing the risk associated with price discrepancies between paired assets in a liquidity pool.

Demex platform