Celestia's Lucrative Staking Strategy: How to Earn More with $TIA

We look at strategies for earning additional airdrops by staking $TIA, the native token of the modular blockchain Celestia, and the potential of liquid staking with MilkyWay within the Cosmos ecosystem.

, and Going Onchain

2 January 2024 . 4:34 PM

5 min read

For those captivated by the modular blockchain solutions and the promise of platforms like Celestia, holding $TIA is not good enough. Staking $TIA (the native token for Celestia) presents a compelling opportunity for further airdrops from projects leveraging on Celestia's technology.

Here's a funny thing to share - I previously received the $TIA airdrop, but sold it off early 💀. However, recently I got a small bag just farming the upcoming airdrops.

Celestia was built with the Cosmos SDK and uses Tendermint consensus. Typically in world of Cosmos ecosystem, when a new project starts they will airdrop to some of the existing projects in the ecosystem. This enables the new project to attract an audience who is already familiar with the Cosmos ecosystem.

For example, $ATOM is the native token for Cosmos Hub. If you previously staked $ATOM, you would have received airdrops for Namada, Celestia, FLIX, etc.