DeFi· ★★★★· bearish·

Balancer votes to shut down protocol, withdrawals only from Oct 30

  • —V3 pools operate normally until Oct 30; partners can request extensions through Nov 30
  • —From Oct 30 smart contracts move to withdrawal-only mode and the bug bounty ends
  • —BAL holders receive a pro-rata share of treasury assets from late May 2027; tetuBAL holders get 50% of locked BAL
  • —The decision follows a Nov 3, 2025 exploit that drained about $128 million from v2 pools
Why it matters: The exit of one of DeFi's oldest protocols shrinks AMM liquidity and leaves BAL holders and LPs exposed to redemption risk.
#BAL
Source: Digital Today
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