MilkyWay Docs
  • INTRODUCTION
    • Welcome to MilkyWay
    • Mission and Vision
    • MILK
      • Tokenomics
    • Whitepaper (PDF)
  • User Guides
    • For Liquid Stakers
      • Quick Start
      • 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
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          • Camelot
          • Demex
          • Dymension
          • Levana
          • Margined
          • Mars
          • Osmosis
          • UX
      • 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
        • User Flow
        • One-Click Stake
        • Integrating with milkBABY
          • Liquid staking module specifications
          • Chains specifications
    • For Restakers
      • Quick Start
      • For Restakers
        • Creating a wallet
        • Restaking your assets
    • Bridging
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      • IBC Eureka
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    • For MilkyWay Validators
      • Quick Start
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        • Consesus node
        • Validator node
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      • Quick Start
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        • 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
  • Architecture
    • Modular Liquid Staking
      • Overview
      • Liquid Staking 101
    • Modular Restaking
      • Overview
        • Technical Architecture
        • Design Philosophy
        • Programmable Rules
        • Economic Model
        • Use Cases
      • Restaking 101
  • Modules
    • x/assets
    • x/ibc-hooks
    • x/liquidvesting
    • x/operators
    • x/pools
    • x/restaking
    • x/rewards
    • x/services
    • x/tokenfactory
  • SECURITY
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  • APPENDIX
    • Official Links
    • Frequently Asked Questions
    • Glossary
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On this page
  • Introduction to UX
  • Lend on UX
  • Access UX
  • Connect Your Wallet
  • Transfer milkTIA
  • Lend milkTIA
  • Borrow on UX
  • Borrow
  • Confirmation and Monitoring
  • Risk Parameters
  • Tips for Using UX
  1. User Guides
  2. For Liquid Stakers
  3. For Celestia (milkTIA)
  4. Using third party apps

UX

PreviousOsmosisNextFor Initia (milkINIT)

Last updated 10 months ago

Introduction to UX

UX is the most programmable, safety-first lending algorithm built as a blockchain. As a base layer blockchain, applications and money lego primitives can be built on top of UX to access cross-chain leverage, liquidity, and debt instruments. The UX chain facilitates interoperability between the Cosmos ecosystem, Ethereum, side chain architectures, layer two scaling solutions, rollups, and alternative base layer protocols.

For more detailed information, check out their .

Lend on UX

Here’s how you can get started:

Access UX

First, navigate to .

Connect Your Wallet

Connect your wallet that holds your milkTIA tokens.

Transfer milkTIA

Under Available Assets, Click on Transfer in the milkTIA row, enter the amount of milkTIA you wish to transfer, and confirm the transaction.

Lend milkTIA

Enter the milkTIA market page, select Supply, enter the amount you wish to lend. Review and confirm.

Borrow on UX

After lending out your tokens as collateral, you can then borrow on UX.

Borrow

On the market page, select the asset you wish to borrow, select Borrow, and enter the amount.

Confirmation and Monitoring

Confirm the transaction. Once it’s processed, you will receive borrowed assets to freely use for other DeFi opportunities and you can monitor your position’s health status directly on the Dashboard page.

Risk Parameters

milkTIA has the following risk parameters at launch per #145 Governance Proposal:

  • collateral_weight: 0.680000000000000000

  • liquidation_threshold: 0.720000000000000000

Please note that these risk parameters are subject to change, make sure you stay up to date on the latest information when interacting with the protocol.

Tips for Using UX

  • Keep an Eye on Interest Rates: Interest rates can fluctuate. Regularly check them to ensure your lending strategy remains profitable.

  • Stay Informed: The DeFi space is rapidly evolving. Stay updated with UX’s updates and general DeFi trends.

Prevent Liquidation: To mitigate liquidation risks, it is essential to constantly monitor your health factor on the Dashboard page. We highly recommend reading UX’s to understand how the liquidation threshold is calculated and to comprehend the circumstances under which liquidation occurs before you begin borrowing.

documentation site
UX
Lending & Borrowing Documentation