A new startup project focusing on reStaking services, liquidity, and security, MilkyWay, will officially debut in the exclusive Token Generation Event (TGE) jointly hosted by Binance Wallet and PancakeSwap. With a limited 2-hour subscription, MilkyWay tokens $MILK will be released. Binance Wallet users will have the opportunity to participate in this emerging L1 modular blockchain project focused on reStaking, though the point system restrictions have not yet been disclosed. However, upon the news, netizens complained: "Isn't the point threshold too high?"
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ToggleMilkyWay Event Preview
- Token Name: MilkyWay (Token Code: $MILK)
- Blockchain: BNB Smart Chain
- Subscription Date: April 29, 2025 (Tuesday), UTC 08:00 – 10:00 (4:00 PM - 6:00 PM Taiwan Time)
- Subscription Duration: Two Hours
- Subscription Point Threshold: To be officially announced before the subscription on April 29
In addition to the TGE subscription, the official also announced the future release of an additional 20 million MILK tokens for subsequent marketing activities.
What is MilkyWay: A Modular L1 Blockchain Focused on ReStaking
MilkyWay is a Cosmos-based L1 modular blockchain, focusing on
- Liquid Staking (LSD)
- ReStaking
Allowing users to maintain liquidity when staking assets and use the same staked assets to support multiple blockchain services to earn additional income. It also issues LSD tokens (milkTIA, milkBABY), enabling cross-chain asset usage while building a shared security pool to address blockchain trust distribution issues.
In the future, MilkyWay will continue to expand into the modular ecosystem, such as Babylon and Initia, becoming a crucial infrastructure for promoting cross-chain DeFi and reStaking economy.
Official Website: https://www.milkyway.zone
X: https://x.com/milky_way_zone
TGE Point Mechanism Sparks Controversy, Netizens Complain Continuously
In the recent TGE event launched by Binance Wallet, the Alpha Points point mechanism has sparked considerable controversy.Many users have complained on social platforms, such as:
- Point threshold announced too late, insufficient preparation time
- Point accumulation mechanism relies on asset holdings and trading volume, unfriendly to small-amount users
- Point calculation method is opaque, making it difficult to understand how to effectively accumulate points
- Activity design favors large users
- Binance customer service responds slowly, or even fails to respond, causing disappointment
Risk Warning
Cryptocurrency investment carries high risks, and its price may fluctuate dramatically. You may lose all of your principal. Please carefully assess the risks.
