MilkyWay is a bespoke liquid staking protocol built for Celestia that enables users to stake TIA tokens while keeping liquidity. Founded in December 2023, the protocol aims to grow the modular ecosystem by amplifying applications of modular liquidity and supporting rollups that use Celestia for data availability. Since launch, MilkyWay serves over 156,000+ milkTIA holders and has over 2.6 million TIA tokens staked, and it has integrated with more than ten DeFi protocols across the Cosmos, Dymension, and Arbitrum ecosystems via Camelot. The team plans to expand integrations, launch a rollup in partnership with Initia, and introduce a governance and utility token, MILK, later this year. MilkyWay intends to use new capital to expand its team, cover operational expenses, and further develop the modular ecosystem and modular security collaborations. The founding team comprises Cosmos veterans JayB Kim, Josie Leung, and Joon Whang.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2024