Dear Users,
 
BingX Spot will be listing MilkyWay (MILK) in the Innovation Zone. Details are as follows:

• Trading Pair(s): MILK/USDT
• MILK Deposit Time: 2025-04-29, 10:00:00 (UTC+0)
• MILK Trading Time: 2025-04-29, 11:00:00 (UTC+0)
• MILK Withdrawal Time: 2025-04-30, 11:00:00 (UTC+0)
Supported network for the aforementioned asset include: BEP20

What is MILK?
MilkyWay is a Cosmos-based layer-1 blockchain designed around two cornerstone features: Liquid Staking (LSD) and Restaking. These enable stakeholders to keep their staked assets fluid while also extending security to multiple off-chain or specialized on-chain services. Traditional proof-of-stake (PoS) networks require tokens to remain locked to support the base chain, preventing them from being used in other DeFi environments or bridging scenarios. By contrast, MilkyWay’s LSD model allows stakers to deposit tokens(such as TIA, BABY, or INIT) and receive LSD tokens (milkTIA, milkBABY, milkINIT). These LSD tokens can move freely across crosschain DeFi or bridging networks, ensuring users retain flexibility. Restaking further enhances this process by letting the same staked collateral back external services. In many blockchains, oracles, bridges, rollup sequencers, and data availability layers each have to build an entire validator set or trust model. This fragmentation of security is time-consuming, expensive, and often less secure overall. MilkyWay’s restaking approach offers a single, modular environment where stakers can “opt in” to provide security for various services, known as Actively Validated Services (AVSs). This structure is aligned with the Cosmos SDK and CometBFT (formerly Tendermint), allowing the chain to handle advanced slash logic, LSD accounting, and bridging interactions.

Investment Risk Warning:
1. The Innovation Zone is designed to provide users with secure and fast trading of trending on-chain tokens. However, newly issued tokens may experience significant price volatility or even a rapid loss of all value. Please exercise caution and carefully evaluate each project before trading.
2. As many on-chain project tokens have similar names, please verify the token's contract address before trading.
3. Withdrawals for tokens listed in BingX Innovation Zone are typically opened after T+2. Please refer to official announcements for any updates.
4. Cryptocurrencies are highly volatile and come with various risks, including market risk, project risk, technical risk, and compliance risk. As a result, you may incur losses due to these risks and volatility. Please be mindful of the risks and invest cautiously.

BingX remains committed to providing an enhanced trading experience and services. Thank you for your continued support and understanding.

Note:
1. Please make sure that the selected chain or network on BingX is consistent with the platform you're performing the withdrawal or deposit to avoid unnecessary losses.
2. The platform will automatically adjust the relevant parameter limits for spot trading based on market liquidity. If you have any questions, please contact our 24/7 online support.
3. The listing time specified in the announcement is for reference only. We will open the trading service once the deposit requirement for the above asset is met. The actual opening time shall prevail.
 
 
BingX Operation Team
2025-04-29
 
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Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
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