MilkyWay is a L1 chain built within the Cosmos ecosystem designed to popularize staking and restaking on Celestia, Initia, and Babylon by introducing liquid staking tokens for those modular ecosystems. It allows users to earn yield from securing the blockchains while keeping in their wallets a liquid version of initially deposited tokens.
$MILK is set to be the native token of the platform yet its utility hasn’t been fully disclosed yet.
Since its inception in 2023, MilkyWay staking protocol has raised over $6M from leading investors like Polychain, Binance Labs, and others while aiming to raise even more via Binance Wallet IDO.
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<a href="https://coinlaunch.space/projects/milkyway/" title="MilkyWay Crypto Platform (MILK)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/milkyway.png" width="224" alt="MilkyWay Crypto Platform (MILK)"></a>