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TechFlow reports that MilkyWay, a liquid staking protocol for Celestia, has raised $5 million in seed funding through a round co-led by Binance Labs and Polychain Capital, with participation from Hack VC, Crypto.com Capital, and LongHash Ventures.
The funding structure reportedly consists of Simple Agreements for Future Equity (SAFE) with token warrants for the lead investors, and Simple Agreements for Future Tokens (SAFT) for participating investors.
MilkyWay, a liquid staking protocol for Celestia, has completed a $5 million seed round led by Binance Labs and Polychain Capital, with participation from Hack VC, Crypto.com Capital, and LongHash Ventures. The funding structure includes a Simple Agreement for Future Equity (SAFE) with token warrants for the co-leading investors, and a Simple Agreement for Future Tokens (SAFT) for participating investors.
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