MILK is launching as a crosschain token with Hyperlane.
MilkyWay’s crosschain expansion begins with bridging for MILK - its new governance and utility token - powered by Hyperlane as its primary bridge. Users can now bridge MILK between MilkyWay mainnet and BNB Chain with low fees and no slippage on Nexus.
MilkyWay’s integration also highlights a new path for asset issuers and teams aiming to list their token on Binance by joining the Binance Alpha platform. Because Binance Alpha requires tokens to exist on BNB, MilkyWay leveraged Hyperlane’s Cosmos SDK module to get MILK to BNB— without relying on wrapped assets or liquidity pools.
Bridge MILK ⏩ Nexus.
What Is MilkyWay?
MilkyWay is a liquid staking and restaking protocol built for the Celestia ecosystem. Originally, it focused on liquid staking for TIA, letting users stake their TIA to mint milkTIA, a liquid staking token that could then be used across various DeFi platforms.
Over time, MilkyWay has evolved to also offer liquid restaking services, where users could restake TIA and TIA-based LSTs to earn greater yield, forming an active, shared pool of assets which developers could then use to bootstrap economic security for their protocol.
What’s New?
MilkyWay has grown significantly since launch, with over 156k milkTIA holders and over 2.6 million TIA staked. Now, it’s taking the next step in its journey by launching MILK - the new governance and utility token for the MilkyWay protocol.
However, to maximize the reach and distribution of MILK, the MilkyWay team realized issuing their token on a single chain wouldn’t cut it - they needed to take MILK crosschain.
To ensure their chain expansion could scale, MilkyWay needed an interop solution that would:
- Provide extensive chain coverage across multiple VMs.
- Could be easily customized to their specific needs.
- Was open-source and permissionless to deploy.
This led them to Hyperlane.
MilkyWay Integrates Hyperlane
To take MILK crosschain and bring it to BNB - a chain beyond the Cosmos ecosystem - MilkyWay integrated the Hyperlane Cosmos SDK module, adopting Hyperlane as their primary bridge for chain expansion. By using Hyperlane, neither MilkyWay nor its users need to settle for wrapped tokens - MILK is now available on BNB by leveraging Hyperlane’s collateral → synthetic Warp Route architecture.
The Hyperlane Cosmos SDK module is a 1:1 implementation of the Hyperlane protocol, tailored specifically for Cosmos chains. Fully open-source and modular, the module is made up of all the essential components a protocol like MilkyWay needs for interop - a messaging layer, a security layer, and a transport layer - as well as an application layer for token bridging. Read more.
By integrating the Hyperlane Cosmos SDK module, MilkyWay gets:
- Multi-VM Interoperability: MilkyWay can now expand its services to 150+ chains supported by Hyperlane, including EVM and SVM chains.
- App-Chain Sovereignty: MilkyWay maintains full ownership over their interop stack, allowing them to customize their security model - namely how incoming messages from other chains are verified - to their specific needs.
- Open, Permissionless Interop - MilkyWay was able to configure and deploy their Warp Routes on their own terms, without needing to wait for permissions or approvals from Hyperlane.
MilkyWay’s integration marks one of the first of the Hyperlane Cosmos SDK module, demonstrating how Cosmos teams can easily expand to new chains and ecosystems beyond the Cosmos just by deploying Hyperlane’s customizable, ready-to-use module.
What’s Next?
Bringing $MILK to BNB marks just the beginning of MilkyWay’s chain expansion. By integrating Hyperlane as its canonical bridge, MilkyWay is now ready to easily scale to new chains and ecosystems on its own terms - powered by a fully open, permissionless, and customizable interop stack. What’s more, simply by using Hyperlane MilkyWay and their users will now be eligible to receive Expansion Rewards, distributed proportional to their protocol usage and messaging activity generated for Hyperlane. Read more about Expansion Rewards.
Bridge MILK ⏩ Nexus
Interested in bridging your token to BSC?
- Reach out to @CameronMichaelSmith on Telegram.
Want to start building with the Hyperlane Cosmos SDK module?
- Dive into the docs, or contact us for help with your implementation.
More chain integrations for the Hyperlane Cosmos SDK module to be announced soon.
Cosmos Expansion.
About Hyperlane
Hyperlane is an open framework for interoperability. It is the toolkit empowering developers to connect any chain and build applications that can easily and securely communicate between multiple blockchains.
