JayB 🥛

Building systems to ship fast | Ex-Founder @milky_way_zone

[JayB 🥛 @jaybxyz]

Thanks for your patience, @elangelo_mike and @gotojedi, and apologies for the inconvenience.

For your case, @elangelo_mike, since you have already unbonded, you should now be able to withdraw directly via our front end.

For your case, @gotojedi, it appears you are still holding milkTIA. You will need to swap it through Osmosis DEX to receive the underlying asset, TIA. To minimize slippage, we recommend waiting a few days, as we have coordinated with operators to forcefully unbond all TIA, which will be added to the pool once ready.

[JayB 🥛 @jaybxyz]

It’s with a heavy heart that I share this: we’ve made the difficult decision to shut down MilkyWay Protocol permanently.

This isn’t the outcome we hoped for. But after exhausting every path we could find, we’ve decided the most responsible thing to do is to close things down with clarity and care. Simply put, we couldn’t find a sustainable way forward that aligned with our standards and responsibility to everyone involved.

We didn’t start with a grand vision. We started with nothing but hustle and hunger. We saw an opportunity in Celestia’s early days and built the first LST for it. With a small but driven team and the support of amazing friends we've known, we managed to punch far above our weight. We expanded across networks, hit meaningful milestones, and built products we were proud of.

But the reality is: not everything clicked.

Modular ecosystems are steadily maturing, but the DeFi growth curve was slower than we’d initially expected. Restaking demand peaked earlier and vanished quickly, and our RWA plans were disrupted before execution. And lastly, by the time we were ready to go live with WayCard, we had limited time and capital left to find PMF.

We fought through every market shift. We adapted. We pushed. But in the end, we couldn’t outrun the clock.

We’re deeply grateful to everyone who supported us along the way. Your belief in what we were building gave us the momentum to reach further than we ever could have on our own.

I sincerely apologize to anyone negatively affected. This isn’t how I hoped things would unfold, but I remain grateful for every step, every lesson, and every person who walked it with us.

We’re now focused on shutting things down the right way. If you’re a MILK holder, staker, or LPer, please read through the full announcement to understand what happens next and how we plan to distribute the accrued final protocol fees to you all.

[MilkyWay 🥛 @milky_way_zone]

https://t.co/aLUyhy8Ume

[JayB 🥛 @jaybxyz]

@yenicherry80 We informed the group prior to the announcement, and walked them through our plan to compensate them. I am sure you will be notified in the near tuture.

[JayB 🥛 @jaybxyz]

@bC5pdJpH @crypto_han @milky_way_zone @josietyleung We are coordinating with the group at the moment. I'm sure you will be informed as we move forward with the next steps.

[JayB 🥛 @jaybxyz]

@APompliano once wall street commits capital, the entire structure of finance starts to shift around it

[JayB 🥛 @jaybxyz]

@WhaleInsider a recap + reduced stake could be the cleanest path back into the US market

[JayB 🥛 @jaybxyz]

@0xNairolf when something as basic as buying a bond feels inaccessible, simple onchain yield starts to make a lot of sense.

[JayB 🥛 @jaybxyz]

@Vivek4real_ this is how it actually goes mainstream, boring infra deals quietly stacking up behind the scenes

[JayB 🥛 @jaybxyz]

@_RichardTeng it's the understanding of your own risk, it matters more than predicting the next move.

[JayB 🥛 @jaybxyz]

@Cointelegraph this is how every generational shift looks early on.
younger users adopt what feels native to them, while older ones wait for certainty.

[JayB 🥛 @jaybxyz]

@cz_binance these people were just willing to act when it felt uncomfortable, then stay patient when nothing was happening.

[JayB 🥛 @jaybxyz]

@APompliano if you believe progress compounds over time, you give yourself a chance.
pessimism just keeps you on the sidelines, sounding right.

[JayB 🥛 @jaybxyz]

@APompliano history usually shows tech shifts changing jobs faster than they eliminate them, and this may be no different

[JayB 🥛 @jaybxyz]

@APompliano AI has quietly propped up productivity and growth at a moment when the economy really needed it, whether people like to admit it or not

[JayB 🥛 @jaybxyz]

@_RichardTeng the market resets often, but the ecosystem keeps quietly expanding everytime in the background

[JayB 🥛 @jaybxyz]

@0xNairolf treating it like sports teams misses the point. builders and users benefit when multiple ecosystems push each other forward

[JayB 🥛 @jaybxyz]

@Cointelegraph when large banks start testing stablecoins and custody directly, it means they’re preparing for these rails to become part of standard operations

[JayB 🥛 @jaybxyz]

@APompliano markets tend to front-run the Fed, but that doesn’t always mean the committee follows immediately.
the credibility test is less about timing and more about whether the path stays consistent with the data

[JayB 🥛 @jaybxyz]

@Cointelegraph RWA momentum keeps picking up

when the infrastructure gets smoother, the capital usually follows and this looks like that phase starting to play out

[JayB 🥛 @jaybxyz]

@RWAwatchlist_ sounds like they’re finally trying to draw a clearer path instead of fighting every edge case