ChainCatcher news, according to market data from RootData, the MilkyWay token (MILK) briefly broke through $0.163 and is currently reported at $0.154, with a 24-hour increase of 23.36%.According to the Web3 asset data platform RootData, MilkyWay is a liquid staking solution within the Celestia ecosystem. When users perform liquid staking of TIA tokens on MilkyWay, they receive an on-chain representation of the TIA staking status, called milkTIA. This allows Celestia token holders to gain liquidity on their staked assets, enabling them to trade or use it as collateral for various DeFi products.

ChainCatcher news, according to Snapshot, K9 Finance, the liquid staking solution of the Shiba Inu ecosystem, has proposed to burn 410 million KNINE tokens from the treasury, which will come from the marketing allocation of the treasury department and will not affect long-term operations.The voting deadline for this proposal is May 19, with current supporters accounting for 81.51% and opponents for 18.49%.