
Balancer community proposes winding down protocol and liquidating DAO
- —Snapshot vote on winding down Balancer: September 25–29, 2026
- —From October 30, pools will switch to withdrawal-only mode, fees will be zeroed
- —Protocol treasury — at least $9 million, liquidation costs up to $400,000
- —Payouts to BAL holders: first stage in May 2027, final in July 2028
Why it matters: Balancer's shutdown will be one of the largest closures in DeFi and could increase pressure on the BAL token and confidence in older protocols.
Source: BitExpert