DeFi· ★★★· bearish·

Balancer discusses orderly wind-down and returning treasury to BAL holders

  • —Proposal is still at the forum discussion stage, Snapshot vote on September 25–29
  • —The plan calls for halting new pool creation and gradually reducing protocol activity
  • —Remaining DAO treasury funds are to be distributed to BAL holders
  • —Terms and calculation of payouts to holders have not yet been determined
Why it matters: The first major DeFi protocol to publicly plan a managed shutdown: a signal of market maturity and risks for BAL holders.
#BAL
Source: Bitcoinist
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