MilkyWay PriceMILKInactive

What is MilkyWay (MILK)?

MilkyWay (MILK) is the native token of a liquid staking protocol built for the modular blockchain ecosystem. MilkyWay was described as one of the earliest and largest liquid staking protocols for the modular ecosystem, consolidating staking activity into a single platform to improve liquidity, security, and scalability for modular chains. The protocol allows builders to scale without friction while giving users a streamlined staking experience with competitive yields. The project was founded in 2023 and launched its liquid staking service on Osmosis that year. The MILK token ran on BNB Smart Chain as a BEP20 asset and held its token generation event in 2025. The project has since been permanently wound down by its team, and a final upgrade returned assets to their origin chains.

Key Specifications & Tokenomics

• Name: MilkyWay
• Ticker / Symbol: MILK
• Blockchain / Platform: BNB Smart Chain (BEP20) for the MILK token; the project itself was a Cosmos-based Layer-1 blockchain built on Cosmos SDK (CometBFT), initially deployed on Osmosis.
• Category: DeFi, Liquid Staking Derivatives
• Launch Year: 2025 (MILK token TGE on Apr 29, 2025; the project was founded in 2023 and launched its liquid staking service on Osmosis in 2023)
• Max Supply: 1,200,000,000 MILK
• Total Supply: 1,060,408,334 MILK
• Circulating Supply: 415,844,394 MILK
• Initial Supply: 1,000,000,000 MILK
• ICO Price: $0.015
• Core Contributors Allocation: 20%
• Public Sale Allocation: 20,000,000 MILK
• Official Website: https://milkyway.zone
• Whitepaper / Documentation: https://docs.milkyway.zone
• Block Explorer: bscscan.com
• Contract Address: 0x7b4bf9feccff207ef2cb7101ceb15b8516021acd (BNB Smart Chain)
• CertiK Rating: 3.0

Who created MilkyWay?

MilkyWay was founded in 2023 in Seoul, South Korea, by co-founders Josie Leung, JayB (CEO), and Joon, with Tree handling marketing. The project communicated primarily through its official X account, @milky_way_zone, and its website, milkyway.zone. It attracted attention through a Binance Wallet IDO and positioned itself within the liquid staking derivatives sector.

MilkyWay closed a $5 million seed round on April 30, 2024, led by YZi Labs (formerly Binance Labs), with participation from Polychain Capital, Crypto.com, Hack VC, and LongHash Ventures, plus several angel investors.

How does MilkyWay work?

MilkyWay operates as a modular staking portal. In a modular blockchain ecosystem, execution, settlement, consensus, and data availability are separated across different layers. Staking across these layers can be fragmented and inefficient. MilkyWay consolidates staking actions into one platform, issuing liquid staking derivatives that represent staked positions while remaining usable in DeFi. This design is intended to enhance liquidity and scalability, letting developers scale without friction and enabling users to stake effortlessly while earning yields. The project itself was a Cosmos-based Layer-1 blockchain built on Cosmos SDK (CometBFT), initially deployed on Osmosis. Beyond liquid staking, MilkyWay offered restaking: users could stake liquid staking tokens such as milkTIA again to secure other networks or services for additional yield, and MILK holders could take part in protocol governance.

What makes MilkyWay unique and valuable?

MilkyWay's main differentiator is its focus on the modular ecosystem rather than a single monolithic chain. By acting as a unified staking portal, it addresses fragmentation across modular layers and aims to improve capital efficiency for participants. MilkyWay was described as one of the earliest and largest liquid staking protocols for the modular ecosystem, and its Binance Wallet IDO added visibility. MilkyWay's code was reviewed by CertiK; the rating is published on CertiK's platform and should not be read as a safety guarantee. However, the project's value proposition was ultimately undermined by its shutdown, making MILK a case study in both modular staking innovation and the risks of early-stage DeFi ventures.

What is MilkyWay used for?

MILK is the native token of the MilkyWay liquid staking protocol. It is used within the modular staking portal and supports staking activity across the modular ecosystem. The protocol consolidates staking actions into a single platform, and MILK functions as the token tied to that system. Holders could participate in staking-related activity and interact with the liquid staking derivatives the protocol offered. Beyond liquid staking, MilkyWay offered restaking: users could stake liquid staking tokens such as milkTIA again to secure other networks or services for additional yield, and MILK holders could take part in protocol governance. Following the project's wind-down, the token's practical utility has effectively ceased, and assets were returned to their origin chains.

How Is the MilkyWay ecosystem developing?

The MilkyWay ecosystem has been permanently wound down. According to the project's shutdown announcement on X (@milky_way_zone), the MilkyWay chain was permanently wound down by the team and a final upgrade returned assets to their origin chains; Osmosis disabled deposits and withdrawals for the MILK asset. CryptoRank states that the MilkyWay (MILK) token team decided to close the project. MILK was tracked across several price directories and venues, including CoinMarketCap, CoinGecko, Crypto.com, and Osmosis. Pluang lists MILK with a reference conversion of 1 MILK to IDR.

How to mine MilkyWay?

MilkyWay was never a proof-of-work network; participation centered on liquid staking and restaking on its Cosmos-based chain. Because the team permanently wound down the chain and a final upgrade returned assets to their origin chains, staking and restaking are no longer operational. Per ICODrops vesting data, roughly 39.28% of the supply (about 392.84 million MILK) had been unlocked, with about 48.72% still locked. Token unlocks were tracked by CoinMarketCap, with an update recorded on Oct 08, 2026.

How to keep your MilkyWay Coin safe?

MILK is a BEP20 token on BNB Smart Chain, so standard security practices apply. Store tokens in a reputable self-custody wallet that supports BEP20 assets, and safeguard private keys or seed phrases offline. Verify the official contract address (0x7b4bf9feccff207ef2cb7101ceb15b8516021acd) before interacting with any token, and be cautious of fake tokens using the MILK ticker. Because the MilkyWay project has been wound down and assets were returned to origin chains, holders should avoid unverified platforms claiming to support MILK trading. General precautions include using hardware wallets for larger holdings, enabling two-factor authentication where available, and remaining alert to phishing attempts targeting former holders.