2026-01-23 03:37:29

MilkyWay has completed the final protocol revenue distribution to the community, totaling 92,708 USDC issued to users. This revenue comes from various fees collected by the protocol in the form of TIA, INIT, and BABY tokens, distributed according to the final snapshot data.

It is worth noting that MilkyWay announced it will gradually cease operations and permanently shut down the platform. According to the official statement, this decision is mainly driven by two factors: first, the growth of DeFi demand within the Celestia ecosystem has not met expectations, and market enthusiasm is insufficient to support ongoing operations; second, operational challenges related to products like WayCard. This also reflects the current real-world difficulties faced by some ecosystem projects — even if the technical solutions are feasible, constraints on market demand are equally important.

USDC0.01%

TIA-1.59%

INIT0.65%

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SleepyValidator

· 11h ago

Hmm... Another Celestia ecosystem project has collapsed. At least this time, the funds were distributed. Where is the promised DeFi demand? It disappeared in the blink of an eye? So realistic. 92k USDC distributed, at least there is a decent ending.

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TestnetNomad

· 11h ago

Another project says goodbye, this time it's MilkyWay... But at least the funds were distributed, which is still considerate. The ecosystem's popularity is really not enough, the demand for Celestia hasn't taken off. Sigh, no matter how good the technology is, if the market doesn't buy it, it doesn't matter. Thinking back to those projects that were "sure to succeed," how are they doing now... 92k USDC distributed, at least it’s worth the users, much better than some projects.

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StakeWhisperer

· 11h ago

It seems to be another story of "good technology, but the market doesn't buy it." How much can be distributed from 92708 USDC? The TIA ecosystem doesn't seem to be as popular as expected. After all the fuss with WayCard, it still hasn't been launched. Having ideas alone isn't enough. What happened to the promised DeFi demand? It just gave an honest lesson. It looks like the Celestia track needs to be re-evaluated; the ecosystem's popularity is a significant weakness. Another typical project claiming "our technology is advanced" but failing to attract users.

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AirdropDreamer

· 11h ago

Another project is about to die. The Celestia ecosystem is really a bit cold, and the demand can't keep up.

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BearMarketMonk

· 11h ago

Another project death by a thousand cuts. It seems that DeFi on the Celestia chain isn't that popular after all. --- 92k USDC distributed to all users... how much can an average person get? Anyway, I didn't make any profit. --- Constantly boasting about ecosystem development, but in the end, it still can't escape market reality. No matter how good the technology is, without users, it's useless. --- Is WayCard's pit so big that it directly drags the entire project down? --- Celestia ecosystem projects have been dying quite a few in the past two years... Is the mainnet not mature enough yet? --- 92k USDC sounds like a lot, but when divided among everyone... Have you participated? --- This is Web3. The good stories inevitably end like this. --- The key issue is still insufficient market demand. What does that indicate? Nobody really needs this stuff.

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quietly_staking

· 11h ago

Another one cooled down... The Celestia ecosystem is still too cold No matter how good the ecosystem projects are, they can't withstand the lack of popularity Money is split and then runs away, this routine is becoming more and more familiar With 92k USDC distributed, what can be gained? Each user probably has only a few tokens No matter how strong the technology is, without demand, it's useless. DeFi cares about popularity, not technology

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