MilkyWay announces launch of TIA Liquid Staking Protocol
According to The Block, MilkyWay launched the TIA liquidity staking protocol. The protocol allows users to stake Celestia (TIA) tokens and receive a return of milkTIA, which represents their staked assets.
MilkTIA represents the staked TIA assets while retaining their liquidity. Users can trade or use these assets as collateral in various decentralized finance (DeFi) products. This arrangement bypasses the common 21-day redemption period in the Cosmos ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x CGN: Trade to share 7,700,000 CGN!
Bitget to convert METUSDT perpetual futures from pre-market trading to USDT-M perpetual futures
Capital showdown: Push the limits of your profit power and grab a share of 50,000 USDT!
Emerging traders — Weekly Highlights
Trending news
MoreCrypto prices
More
