MilkyWay has completed the protocol revenue sharing in its final session, distributing a total of 92,708 USDC to community members who passed the selection process. This fund comes from the conversion of accumulated fees in the form of TIA, INIT, and BABY tokens. According to data from NS3.AI, the distribution transactions cover various participant segments, including MILK token holders, users who stake, and liquidity providers on the platform.
Fund Allocation Details for the Community
The acceptance structure in this distribution is designed to encompass a broad range within the MilkyWay ecosystem. The minimum threshold is set at 1 USDC to ensure all eligible participants receive a share, even if in small amounts. Using the latest reference prices, the distributed fund value is equivalent to the conversion from the three main tokens – TIA at $0.40, INIT at $0.10, and BABY at $0.02 per unit.
Why MilkyWay Is Ending Its Operations
The decision to conclude the service comes amid real challenges faced by the project. User adoption levels in the DeFi sector did not meet the previously projected targets, while long-term funding solutions experienced significant delays. The combination of these factors prompted the team to take a permanent closure step, while ensuring the community receives its rights through this final revenue distribution.
This event reflects the competitive dynamics of the DeFi market, where not all protocols can maintain growth momentum or find sustainable funding models to develop long-term services.
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MilkyWay Completes Final Revenue Distribution Before Permanent Closure
MilkyWay has completed the protocol revenue sharing in its final session, distributing a total of 92,708 USDC to community members who passed the selection process. This fund comes from the conversion of accumulated fees in the form of TIA, INIT, and BABY tokens. According to data from NS3.AI, the distribution transactions cover various participant segments, including MILK token holders, users who stake, and liquidity providers on the platform.
Fund Allocation Details for the Community
The acceptance structure in this distribution is designed to encompass a broad range within the MilkyWay ecosystem. The minimum threshold is set at 1 USDC to ensure all eligible participants receive a share, even if in small amounts. Using the latest reference prices, the distributed fund value is equivalent to the conversion from the three main tokens – TIA at $0.40, INIT at $0.10, and BABY at $0.02 per unit.
Why MilkyWay Is Ending Its Operations
The decision to conclude the service comes amid real challenges faced by the project. User adoption levels in the DeFi sector did not meet the previously projected targets, while long-term funding solutions experienced significant delays. The combination of these factors prompted the team to take a permanent closure step, while ensuring the community receives its rights through this final revenue distribution.
This event reflects the competitive dynamics of the DeFi market, where not all protocols can maintain growth momentum or find sustainable funding models to develop long-term services.