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MilkyWay has completed the final protocol revenue distribution to the community.
Foresight News: MilkyWay has completed the final protocol revenue distribution to the community, with a total of 92,708 USDC distributed. The amount was converted from fees collected in the form of TIA, INIT, and BABY tokens. The distribution is based on the final protocol snapshot, and eligible participants include: MILK holders, MILK stakers, and liquidity providers. This distribution has a minimum threshold of 1 USDC; addresses with less than 1 USDC will not receive a distribution.
Foresight News: Previously reported, MilkyWay announced that it is gradually ceasing operations and will shut down permanently. MilkyWay stated that the demand and adoption of decentralized finance did not meet expectations, and WayCard was launched too late to effectively alleviate financial pressure.