Mars Finance reports that on January 23, MilkyWay completed the final protocol revenue distribution to the community, totaling 92,708 USDC. The amount was derived from fees collected in the form of TIA, INIT, and BABY tokens. The distribution was based on the final protocol snapshot, and eligible participants included MILK holders, MILK stakers, and liquidity providers. This distribution set a minimum threshold of 1 USDC; addresses with less than 1 USDC will not receive a share. Previously, MilkyWay announced that it is gradually ceasing operations and will shut down permanently. MilkyWay stated that the demand and adoption for decentralized finance did not meet expectations, and WayCard was launched too late to alleviate funding pressures in a timely manner.
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MilkyWay has completed the final protocol revenue distribution to the community
Mars Finance reports that on January 23, MilkyWay completed the final protocol revenue distribution to the community, totaling 92,708 USDC. The amount was derived from fees collected in the form of TIA, INIT, and BABY tokens. The distribution was based on the final protocol snapshot, and eligible participants included MILK holders, MILK stakers, and liquidity providers. This distribution set a minimum threshold of 1 USDC; addresses with less than 1 USDC will not receive a share. Previously, MilkyWay announced that it is gradually ceasing operations and will shut down permanently. MilkyWay stated that the demand and adoption for decentralized finance did not meet expectations, and WayCard was launched too late to alleviate funding pressures in a timely manner.