Wu said that MilkyWay has completed the final profit distribution to the community, with a total of 92,708 USDC issued. The profits were obtained from fees collected in the form of TIA, INIT, and BABY tokens, and the distribution was based on the final protocol snapshot. Previously, MilkyWay stated that it would gradually cease operations and shut down permanently, citing reasons such as the Celestia ecosystem DeFi demand not meeting expectations, and WayCard launching too late and failing to alleviate funding pressure in a timely manner.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Wu said that MilkyWay has completed the final profit distribution to the community, with a total of 92,708 USDC issued. The profits were obtained from fees collected in the form of TIA, INIT, and BABY tokens, and the distribution was based on the final protocol snapshot. Previously, MilkyWay stated that it would gradually cease operations and shut down permanently, citing reasons such as the Celestia ecosystem DeFi demand not meeting expectations, and WayCard launching too late and failing to alleviate funding pressure in a timely manner.