MilkyWay is a liquid staking and restaking protocol for modular blockchain ecosystems that has announced it is winding down and will permanently shut down. MilkyWay's Twitter Score is 82 out of 1000 (a Good rating) as of August 2026, ranking #9,539 (top 5%) among 483,652 tracked accounts.
MilkyWay was co-founded by JayB Kim as CEO, Joon Whang as technical lead, and Josie Leung as COO. The protocol launched in December 2023 with Celestia liquid staking, issuing milkTIA as a 1:1 liquid-staking receipt that let holders keep earning base staking rewards while their assets remained liquid. MilkyWay later extended the same model to Babylon and Initia, adding milkBABY and milkINIT receipts alongside an opt-in restaking layer. A December 2023 audit by Oak Security found no critical concerns, with all other feedback addressed before launch.
MilkyWay raised a $5 million seed round announced on April 30, 2024, led by Polychain Capital, with Binance Labs, Hack VC, Crypto.com Capital, and LongHash Ventures also participating. The protocol's native governance token, MILK, was designed to distribute a portion of protocol revenue to holders and grant voting influence over the protocol. Per Gate, MILK ceased operations and was delisted at the project's request on January 29, 2026, with a USDC distribution completed to affected holders at a ratio of 1 MILK to 0.0005074 USDC. MilkyWay had previously been affiliated with Osmosis as part of its broader modular ecosystem integrations.
MilkyWay has accumulated 67,962 followers as of August 2026 and published 1,233 posts. The account has been mentioned by 264 accounts a total of 665 times.
Who follows MilkyWay on X?
The accounts that follow MilkyWay include 276 founders, 107 angel investors, 239 influencers and 12 VCs, among them 6529, Frank, Mario Nawfal, Darren Lau, DeFi Dad defidad.eth and Zeneca.