MilkyWay Opens Massdrop Redemption for Celestia Stakers – Coincu

MilkyWay’s Massdrop Initiates with 10% Airdrop Allocation

MilkyWay’s Massdrop redemption opens a streamlined application process for Celestia TIA stakers. The event facilitates governance mechanics and includes 10% of the total MILK supply allocated for airdrop participants. The process involves direct collaboration with Cosmos and Celestia communities.

The redemption allows users to capitalize on existing stakes with MILK, enhancing protocol integration and encouraging network adoption. This initiative highlights MilkyWay’s strategic focus on broadening its DeFi footprint through liquidity engagement.

MEXC has announced the listing of MilkyWay (MILK) with a reward pool featuring 448,000 MILK and 50,000 USDT to boost early market participation. – Link

Cosmos Ecosystem Poised for Increased DeFi Engagement

Did you know? Airdrops in the Cosmos ecosystem have historically sparked significant increases in user activity, paralleling past events with rapid adoption and speculative trading.

As of April 29, 2025, MilkyWay’s {Tokenname} {MILK} shows a price of $0.14, with a {Market Cap} of $34.25 million from CoinMarketCap. The {Volume} surged to $22.53 million, though the price fell {36.83%} in the last 24 hours. {Max Supply} indicated stands at 1.20 billion, emphasizing a strong initial circulation supply of 238.90 million MILK.

Further insights from Coincu research suggest this Massdrop redemption could bolster MilkyWay’s standing within cross-chain DeFi circuits. Key trends may demonstrate increased protocol adoption with potential regulatory observations in liquid staking adaptability.