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MilkyWay Distributes Final $92,708 USDC Before Shutdown

MilkyWay completes its last community distribution, issuing USDC payouts to MILK holders, stakers, and liquidity providers based on Jan. 23 snapshot.

USDC
TIA

Summary

MilkyWay has issued its final distribution of 92,708 USDC from fees accumulated from TIA, INIT, and BABY tokens. Payouts were made to MILK holders, stakers, and liquidity providers, with a minimum threshold of 1 USDC for eligibility. The payouts were credited to on-chain wallets or CEX users via exchanges.

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin used for digital payments and settlements.
  • Staking: Locking cryptocurrency to earn rewards or participate in network governance.
  • Liquidity provider: An entity supplying assets to a trading pool to facilitate transactions and earn fees.