MilkyWay 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.
Step-by-Step Guide:
- Visit the MilkyWay website.
- Connect your Celestia wallet like Keplr.
- You will now need Celestia (TIA). You can get it on Binance.
- Now stake your TIA.
- You will get the on-chain representation of your TIA staking position called milkTIA.
- You will also start earning points in the form of Points for holding milkTIA.
- You can also earn more mPoints by using milkTIA on supported platforms like Osmosis, Levana and Mars.
- Also, get more mPoints from each referral.
- A total of 10% of the total supply MILK tokens will be airdropped to users based on their mPoints.
- For more information regarding the airdrop, see this Medium article.
MilkyWay has launched a points campaign called “mPoints” and confirmed that they will airdrop 10% of the total supply of “MILK” tokens to users who collect points. Stake your TIA tokens on MilkyWay to get the liquid staking token milkTIA. You will get mPoints based on your milkTIA balance. You can also use milkTIA across other supported platforms like Osmosis, Levana, and Mars to earn more mPoints. You can also earn more mPoints for inviting your friends.
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