MilkyWay completed the final profit distribution of 92,708 USDC, and the project announces permanent closure.

robot
Abstract generation in progress

【Blockchain Rhythm】MilkyWay has completed the final protocol revenue distribution to the community. This distribution involved a total of 92,708 USDC, derived from fees collected through the project via TIA, INIT, and BABY tokens.

The recipients include three categories of participants: MILK token holders, MILK stakers, and LPs providing liquidity to the ecosystem. The eligibility for distribution was determined based on the project’s final protocol snapshot, with a minimum threshold of 1 USDC—addresses below this amount are not eligible for this round of distribution.

Meanwhile, MilkyWay announced that it is gradually ceasing operations and will ultimately shut down the platform permanently. The project team stated that the market demand for decentralized finance and user adoption levels fell significantly short of expectations. Additionally, the late launch of the WayCard product failed to alleviate operational funding pressures in time, ultimately leading to the project’s inability to continue. This revenue distribution can be seen as MilkyWay’s final reward to community participants.

MILK-7,51%
USDC0,03%
TIA-1,14%
INIT3,44%
View Original
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
TokenCreatorOPvip
· 01-23 03:54
Another final act of a zeroing project, 92708 USDC, and it's over before it reaches my head.
View OriginalReply0
SchrodingerWalletvip
· 01-23 03:54
Another project has died, but luckily the money was distributed in time.
View OriginalReply0
LiquidationKingvip
· 01-23 03:52
Another project has run away... Luckily, I withdrew early. It seems the DeFi boom has really passed.
View OriginalReply0
LiquidatedNotStirredvip
· 01-23 03:49
Another one gone... 92k USDC distributed, this is what they call the last act of kindness.
View OriginalReply0
CrossChainMessengervip
· 01-23 03:41
Another one is cooling off... WayCard launched so late, can it not cool off?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)