MilkyWay (milkTIA) Airdrop & Drop Protocol Liquid Staking: Step-by-Step Guide for TIA Tokens

## Decoding the Cosmos Airdrop Landscape: Milky Way vs. Drop Protocol

The Cosmos ecosystem has seen a flurry of liquid staking airdrop activity, leaving many users wondering about the potential rewards.
This article dives into the performance of two prominent protocols, Milky Way and Drop Protocol, analyzing their revenue generation and the implications for airdrop recipients.

**Milky Way: A Mixed Bag**

Milky Way, a liquid staking protocol for the TIA token, completed its snapshot for M-Points in November 2023.
While early adopters (especially those active since December 2023 or January 2024) may have accumulated significant M-Points, the overall airdrop outlook appears less promising than initially anticipated.

The initial excitement surrounding Milky Way was fueled by Celestia’s high price in early 2024.
However, Celestia’s price plummeted significantly after reaching its peak, drastically impacting Milky Way’s revenue.
Our analysis, utilizing data from DefiLlama and AI-powered calculations (Perplexity AI), reveals a concerning picture:

* **Lower-than-expected revenue:** Despite a peak TVL of $51 million, Milky Way’s estimated revenue is significantly lower than initially projected. The actual revenue generated falls far short of the initial expectations based on Celestia’s price at its peak.
The current revenue is in the low hundreds of thousands of dollars, making a substantial airdrop unlikely.

* **Declining TVL and fees:** Data shows a consistent downward trend in both TVL and fees generated since March 2025, further diminishing the potential for a generous airdrop.

While Milky Way has multiple revenue streams (including revenue sharing agreements and protocol fees), the data suggests that the airdrop rewards will likely be modest.
Unless Milky Way employed unexpectedly successful growth strategies, users should temper their expectations.

**Drop Protocol: A More Encouraging Outlook**

In stark contrast to Milky Way, Drop Protocol presents a more positive outlook.
As a member of the Lio Alliance (the world’s largest liquid staking protocol), Drop benefits from strong network effects and potential revenue-sharing opportunities.

Analysis using DefiLlama and Perplexity AI indicates:

* **Stronger revenue generation:** Despite a dip in TVL, Drop’s estimated revenue over four months post-launch in November 2024 was considerably higher than Milky Way’s over a much longer period.
This suggests a more robust revenue model and potentially more generous airdrop rewards.

* **Ongoing activity:** Drop is actively expanding its offerings, recently launching a testnet for dINIT (liquid staked INIT). Participation in this testnet offers a chance to earn additional rewards, potentially boosting airdrop eligibility and allocation.

**Call to Action: Drop Protocol’s dINIT Testnet**

To maximize your chances of receiving a significant airdrop from Drop Protocol, participate in the dINIT testnet.
This involves:

1. Obtaining INIT tokens from the initia testnet faucet.
2. Using a Kepler wallet to enable the Initia testnet chain integration.
3. Liquid staking your dINIT tokens on the Drop Protocol testnet.

**Conclusion:**

While the Cosmos airdrop landscape is unpredictable, this analysis suggests a clear divergence between Milky Way and Drop Protocol.
While Milky Way’s airdrop is likely to be modest due to lower-than-expected revenue, Drop Protocol offers a more promising opportunity, particularly for those actively participating in its testnet initiatives.
Proceed with realistic expectations but remain engaged with Drop Protocol for optimal potential rewards.

**(Note: There is no direct link to an airdrop provided in the original transcript or this rewritten blog post.
Airdrop participation is always subject to the specific terms and conditions of each protocol.)**