DeFi· ★★★★· bearish·

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