Organization Name – Milkyway

Category – Banking & DeFi

About

powered by irmaAI

MilkyWay launched in December 2023 on Celestia with a premise stated directly in its own framing: “one stake, infinite impact.” The platform is a liquid staking and restaking protocol built for the modular blockchain ecosystem—specifically the Celestia and Cosmos ecosystem—that lets users deposit TIA, BABY, INIT, and other base tokens and receive liquid staking derivatives (milkTIA, milkBABY) that retain yield entitlement while remaining tradeable.

The narrative clarity here is worth noting because it is rarer than it should be. Liquid staking protocols often explain their mechanism but… not their value proposition. MilkyWay explains both: the user keeps liquidity while continuing to earn, and that flexibility extends into DeFi vaults and eventually—via the Way Card—into real-world spend. The stack is: stake → receive liquid token → deploy in DeFi → spend via card. Each layer compounds the utility of the first.

The Celestia origin is strategic rather than arbitrary. Celestia’s modular architecture means the ecosystem is expanding at the data availability and rollup layer, and liquid staking for Celestia’s TIA token gives MilkyWay an early position in an ecosystem whose total value is growing. That timing advantage is the core growth bet.

VB Transparency Score of 9.08 at the 50th percentile; RMA status Unverified across all seven pillars; MES of 25.07. No community rating recorded at the time of this review. The transparency picture for a growing DeFi protocol serving a modular ecosystem would benefit from more disclosed operational data. The promise of “infinite impact” sets a high bar; the verification infrastructure to back it is still being built. Read More