Not everything is written at a given point in time and then forgotten about. There are many texts that are continuously updated over years and even decades.
That's a good thing, because that final edit is a discrete event. At some point this ongoing process will end and the edits will stop. The people engaged in the process will likely forget or not be available to add a final timestamp, but an aging edit timestamp will automatically indicate this moment in time.
Which timestamp is relevant on the body of a Wikipedia article that has been maintained for 15 years, with edits ranging from entire new sections being written to minor corrections of grammatical errors.