MILKYWAY ROLLS OUT CELESTIA LIQUID STAKING PROTOCOL ON OSMOSIS

Summary from the TLDR Crypto newsletter

MilkyWay has rolled out the first liquid staking protocol for the Celestia network, featuring milkTIA tokens representing staked TIA positions. This offers users a more capital-efficient alternative to traditional staking options. The protocol uses smart contracts on Osmosis and is managed by a consortium of seven operators, ensuring security for staked assets. This development follows Celestia's mainnet launch in the Cosmos ecosystem, which has seen TIA's value increase by approximately 400% since October.