2026-01-15 12:32:09

MilkyWay Protocol announces the initiation of liquidation and permanent shutdown. The project team openly admitted in the announcement that the demand for DeFi markets in the Celestia ecosystem has not exploded as expected, and the enthusiasm for the re-staking track has also cooled rapidly. Attempts at RWA and crypto card products (WayCard) have been constrained by the broader environment and funding cycle, and have yet to establish a sustainable business model. The protocol completed a snapshot on January 14, 2026, at 10:00 UTC, covering MILK token holders across multiple blockchains. This case reflects that, after the hype of Restaking has faded, many innovative DeFi projects face real pressures from market conditions and financing environments.

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GasOptimizer

· 01-18 12:32

Another project has died. The restaking craze is really over, and now even the ecosystem can't be saved.

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SleepyArbCat

· 01-18 12:30

Another dream shattered... The bubble of Restaking has burst, and follow-the-trend projects are doomed...

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just_another_wallet

· 01-16 17:16

Another project has gone down, this time it's MilkyWay. Basically, the market cooled off and no one is willing to buy in. The promising projects are gone again. What's going on with the Celestia ecosystem? RWA, re-staking, crypto cards... why can't this combo punch through? The snapshot has been completed, MILK holders need to start dealing with it, it's heartbreaking. After the Restaking craze subsided, many projects revealed their true forms. The financing environment is really tough. This is crypto. The innovations of this year will become burdens next year.

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FlashLoanKing

· 01-15 13:01

Another project has failed, the Restaking craze has really passed... Luckily, I didn't chase after such risky stuff.

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GhostChainLoyalist

· 01-15 12:58

Another one has fallen, the bubble of Restaking really should burst Once again, a project has run away, this time even the Celestia ecosystem can't save it Where is the promised sustainable business model? Turns out it's still a slave to the funding cycle Holders are suffering heavy losses— is this the price of innovation? No matter how creative DeFi is, it can't withstand a lack of funds. Reality is so cruel It seems that ecosystem prosperity is just a marketing smokescreen With staking being so cold, are there still people holding on? So MILK tokens are now truly worthless, sigh This is the real face of Web3—brutally honest Who dares to continue building projects on Celestia? I have lost confidence

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HodlAndChill

· 01-15 12:43

Another project has died. The Restaking craze has really passed.

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