MilkyWay Airdrop

To qualify for the MilkyWay airdrop, you need to accumulate mPoints by holding or participating in DeFi using milkTIA tokens. The mPoints system is as follow:

• Just holding milkTIA: 1 mPoint/milkTIA/day.

• Participate in DeFi using milkTIA: 1.2 mPoint/milkTIA/day (up to 2 mPoint/milkTIA/day with boosted protocols)

• Leaderboard multiplier (the higher your rank, the higher the multipliers).

• Other hidden multipliers.

Accumulated points can then be exchanged to MilkyWay’s token at their TGE, with 10% of the supply allocated for mPoints holders.

Visit https://app.milkyway.zone/points?points-tab=my-breakdown to view your mPoints and Ranking.

Deadline: Exact deadlines are yet to be determined, however MilkyWay have confirmed their TGE date to be H2/2024.

How to earn MilkyWay Airdrop: Earn mPoints by participating in DeFi using milkTIA, or just holding milkTIA.

Recommended strategy: Engage in DeFi is recommended as it gives substantially more points than just holding, with little risks introduced. You can deposit milkTIA using Quasar as introduced below to get x2 multiplier for a limited time. Depositing 500$ or more is recommended – the more you deposit, the greater chance of receiving rewards.

To maximize your chances for the MilkyWay airdrop, follow the guide below.

#1: Stake TIA to get milkTIA:

To receive milkTIA, you need to stake TIA using MilkyWay. Holding milkTIA in your wallet will earn 1 mPoint/TIA/day. For this step, you will need TIA tokens on Osmosis for staking, and Osmo token for gas fee.

Visit MilkyWay and connect your wallet. Enter the 50% of your total TIA and click on Stake to receive milkTIA on Osmosis. This 50% is because you will need some TIA left to create LP following part III below.

Note that rewards from staking will not be claimed, but rather automatically compounded to your staked TIA.

#2: Withdraw milkTIA:

To unstake milkTIA and receive TIA immediately, use Osmosis Zone to swap immediately with slippage applied.

Alternatively, you can use MilkyWay Unstake to withdraw within 12-24 days with 0% fee. Enter your desired withdrawal amount and click on Request Withdrawal.

After your unstake period has elapsed, switch to the Claim tab and claim your TIA tokens.

By participating in DeFi using milkTIA, you will earn at least 1.2 mPoints/milkTIA/day (depends on the protocol).

You can deposit in any of these protocol – Here is a quick breakdown:

• LP on Osmosis (x2 mPoints): Visit Osmosis to create LP.
• LP on Dymension Portal: Visit Dymension Transfer => Bridge milkTIA to Dymension. Visit Dymension Portal to create LP.
• LP on Camelot DEX: Visit Satellite Bridge => Bridge milkTIA to Arbitrum. Visit Camelot DEX to create LP.
• Lending or Borrowing on UX: Visit UX Market to Lend or Borrow milkTIA. 
• Lending or Borrowing on Demex: Visit Demex to Lend or Borrow milkTIA. 
• Deposit on Qasar Finance (x2 mPoints): Visit Quasar to deposit milkTIA.
• Deposit on Mars Protocol: Visit Mars Protocol to deposit milkTIA. 
• Trade on Margined Protocol: Visit Margined Protocol to trade milkTIA. 
• Trade on Levana: Visit Levana to trade milkTIA. 

Note: On Lending tasks, the Borrowed asset value will be deducted from your Lend side, such that to avoid looping. 

Note 2: If you choose protocols that require bridging, such as Camelot or Dymension, connect your DYM wallet using the connect button on this site.

This guide will primarily focus on creating milkTIA/TIA LP using Quasar, as this pool currently has a x2 mPoints boost, and is relatively stable. 

Visit Quasar and connect your wallet. Click on Deposit.

Enter the amount and click on Deposit again to complete.

You can view the deposited position on the Quasar Dashboard. 

You can refer friends to receive more mPoints and maximize your MilkyWay airdrop.

Visit MilkWay Referral. Enter your desired name and click on Create referral tag to get your unique tag. Refer friends using this tag to earn more mPoints.