MilkyWay is the liquid Staking protocol tailored for Celestia’s modular blockchain ecosystem .
It offers a liquid staking solution for the Celestia ecosystem, it will initially be deployed and operated on Osmosis. The long term plan is to migrate to Celestia's rollkit for native milkTIA issuance.
When users liquid stake their TIA coins with MilkyWay,they receive an on-chain representation of their TIA staking position, known as milkTIA. This empowers Celestia token holders to access liquidity for their staked assets, enabling trading or their use as collateral in various DeFi products.
Liquid staked TIA automatically compounds staking rewards, and users can withdraw their TIA to receive their native tokens and accrued staking rewards.
