Diving into this new protocol found on Cosmos.

[YoungBoy]

MilkyWay Protocol, a Cosmos based Layer-1 blockchain, is revolutionizing staking for modular chains like Celestia. Launched in December 2023, it allows users to stake TIA, BABY, or INIT tokens and receive liquid derivatives (e.g., milkTIA that can be used in DeFi think trading, lending, or yield farming without the 21 day lock up. That’s a real catch, yunno?

 

Another standout feature is restaking, which enables staked assets to secure multiple services (like oracles, bridges, and rollups), boosting capital efficiency with triple yield potential: staking, DeFi, and restaking.

 

With over $190M in TVL and 300k+ users, MilkyWay integrates with major DeFi platforms like Osmosis, Levana, and Mars. It also plans to support assets like USDT, BTC, and more. Their to men Milk, offers governance and revenue-sharing features. Backed by a $5M seed round from Polychain and Binance Labs, MilkyWay is shaping up to be a modular blockchain game changer.

 

You might ask, “Why is it trending?” Well, probably because it just debuted on solid exchanges like BingX Spot market and has been really doing well via price trend and market capitalization, the community is also active and staking their tokens as well for 21 days lock up. I'm bidding on this token to hold for a long term.