#tia初试牛刀一刀必中否 Just learned to draw pictures, looking at it, I want to see it rise, right? 😂
I want to ask all the teachers if this is how to draw pictures for analysis?
In the official announcement, Celestia's liquidity staking protocol Milkyway raised up to $5 million in a fundraising campaign. The announcement stated that the money will be used to realize the company's future plans.
Milkyway Staking Center
Asset staking continues to evolve, and one of the most recent additions is Milkyway, which acts as a staking protocol. Users can stake Celestia tokens on the Celestia protocol, and they will receive milkTIA tokens in return. This is an efficient and innovative asset staking option compared to traditional options.
Milkyway is supported by Binance Labs, Polychain, and HackVC. Users can participate in token staking and thus participate in DeFi activities. The innovative approach ensures greater flexibility, access to liquidity, and promotion of cryptocurrencies.
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The Milkyway Equity Center continues to attract investors, and the latest round of financing has taken a big step forward. The seed round financing, together with investments from big companies such as Polychain and Binance Labs, totaled $5 million.
Seed round financing
On April 30, 2024, Milyway officially announced the successful completion of the seed round financing. The statement said that the seed round financing was successfully completed with the participation of many big-name investors. These include Binance Labs, HackVC, Polychain, Longhash Ventures, Crypto.com Capital, etc.
In addition, it has also received support from Mustafa Bassam, George Lambeth, Batukhan Daskin, Kenny Lee and others. The announcement stated that raising funds is essential to continue the mission. The funds will be used to expand and pay operating expenses and additional development of the modular ecosystem.
Milkyway's stated goal is to further leverage the modular ecosystem and its development. It achieves this mission by increasing the application of modular liquidity. It was founded in December 2023 and it is useful for modular enthusiasts in the crypto field. Milkyway's progress is impressive as it serves more than 156,000 milkTIA holders. The number of staked TIA tokens exceeds 2.6 million. Since it was created on the Cosmos ecosystem, it has been integrated with more than a dozen DeFi systems.