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MEXC to List MilkyWay (MILK) with 498,000 in Token and USDT Rewards

29 April 2025
in Crypto, News
Reading Time: 2 mins read
105 3
Home News Crypto

MEXC is listing MilkyWay (MILK) on April 29 and is launching a reward campaign with a total prize pool of 448,000 MILK tokens and 50,000 USDT, available to new and existing users.

MilkyWay enters the scene as a next-generation restaking protocol within the Celestia ecosystem and under Initia’s framework. Designed to address security fragmentation across modular blockchains, it introduces a liquid staking solution—milkTIA—that allows users to stake once while securing multiple chains simultaneously. This dual-purpose approach not only strengthens network security but also enhances capital efficiency.

Moreover, MilkyWay has already formed integrations with over ten decentralized finance (DeFi) protocols, including Osmosis, Levana, and Mars, where users can access services such as lending, trading, leverage, and yield farming. The project currently boasts a total value locked (TVL) of $190 million.

Building on this foundation, the protocol’s native token, $MILK, functions as a governance asset and a reward mechanism. Token holders can contribute to network security through staking, participate in governance proposals, and earn incentives via liquidity mining and ecosystem growth. In recognition of early supporters, 10% of the total token supply has been airdropped to Celestia’s TIA stakers.

To amplify the listing, MEXC’s Airdrop+ event will run from April 28 to May 8, 2025. The campaign offers multiple engagement avenues: new users can share 336,000 MILK by making deposits, all users can participate in a futures trading challenge to win a portion of 50,000 USDT, and there’s an invitation reward of 112,000 MILK for users who refer others to the platform.

This move reflects MEXC’s ongoing strategy of rapid expansion and early adoption. Further reinforcing this commitment, MEXC recently announced the upcoming listing of KernelDAO ($KERNEL) on April 14, 2025. This listing, alongside MilkyWay, underscores MEXC’s broader mission of diversifying its offerings and giving users early exposure to some of the most innovative ecosystems in the blockchain space.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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