Milky Way - Having A Glass Of milkTIA At Sunrise

4 months ago

It looks like I will have a glass of cold milkTIA at Sunrise! Keeping in mind that my previous interaction with the Cosmos ecosystem was null, I had to read and take on-board a huge amount of information. I discovered MilkyWay and dived into $milkTIA, as an option where I could stake my assets while retaining liquidity.

The most important part? You earn mPoints and gain rewards, as you climb the leaderboard. MilkyWay announced that the point system that will be the stepping stone for the the $MILK airdrop. Holding and using milkTIA is not the only way to farm points, as the Zealy campaign is still live.

Do quests and make sure you get eligible for a bigger allocation. Try DeFi, test protocols, complete quests and make sure you tick many boxes. I become an expert airdrop farmer so you listen to PVM... I am just an udder guy from the Cryptoverse!

The MilkyWay points farming goes well, as the Osmosis and Quasar mPoints got boosted! The participants earned 2 mPoints/milkTIA/per day for utilizing milkTIA in Quasar Finance vaults or in Osmosis Zone pools. The bonus will continue until the end of the campaign to reward liquidity providers on the redemption pool. Happy Milking!

I started farming with small amounts and having 34 points was disappointing. Not as bad as the Blast airdrop, but this is a story for another day! I moved more $TIA to Osmosis, and looked for DeFi options to boost my MilkyWay points. Putting your milkTIA to work accrues more points than merely holding milkTIA.

DeFi is the way... as will generate more points. I landed at Demex, and let out milkTIA succesfully. I could use it as collateral to borrow USD, then trade on perp markets to earn Demex Points... but we all know that PVM is a bad trader!

This DeFi exploration helped me to boost my points, earn at an accelerate pace, and climb the leaderboard. Moved into the top 100,000 as global rank, and paved the way for a better $MILK allocation. Hopefully I will get few bottles of full fat milk, then milk it as much as possible. I plan to add more into pools with every monthly claim of $TIA rewards, and climb into the top milkers!

What I like about the Cosmos ecosystem, is that chains and protocols are inter-linked. So are the airdrops! The $milkTTA holders will be eligible for the $RISE airdrop! The Sunrise campaign will allocate 7% of the total supply to various holders and DeFi users.

Sunrise is the product of multiple ecosystems and years of development coming together in one great convergence of ideas. As a result, Sunrise will work diligently to align and reward the communities that are integral to its spirit, while creating value flow with the protocols that underpin it.

The snapshot will include the Gluon community and ecosystem, users of the interchain (IBC) ecosystem, Celestia stakers and the users of the Berachain ecosystem. I was happy to hear this as the $RISE Wave 2 will include $TIA stakers, $milkTIA and $stTIA holders.

I have both $milkTIA and Stride $stTIA so hopefully this will hit some multipliers. The total delegation for them will be 2% of the token supply and the snapshot was already taken. Will $RISE be uplifting or this will be just a little spilt milk?

What is Sunrise? Sunrise is a specialized Data Availability Layer for Proof of Liquidity designed to enhance the current playing field and drive the new modular paradigm forward through unique added functionalities. The synergy between Sunrise and Gluon enables DA fee abstraction and sovereign proof of liquidity for users of the Sunrise DA layer.

Added ecosystem benefits, such as integration with rollups as a service (RAAS) providers and support for restaking, further enhance the Sunrise user experience. Sunrise is on a mission to drive modularity forward with a focus on liquidity and sovereignty. Why Sunrise? Because “the sun sets in the West and it rises in the East”

While Sunrise is a global protocol, the Sunrise team remains deeply rooted in Japan. Therefore their name isn’t merely a cultural reference but embodies the essence of our inception. The Sunrise project originated within Japan’s vibrant blockchain ecosystem, which despite it's strength remains isolated from the world.

While the global stage focuses on modular blockchain technology, Japan has not yet had the opportunity to experience such benefits. Therefore, Sunrise will prioritize expanding globally and supporting its current partners, while simultaneously introducing modularity to Japan, and securing its position as Japan’s Chief DA layer as our first source of traction.