DeFi· ★★★· bearish·

Balancer Holders Approve Wind-Down, Reject Official Fork

  • —BIP-928 to wind down Balancer and distribute treasury passed
  • —BIP-929 to fund an official fork was rejected
  • —Pools continue to operate as usual
Why it matters: The shutdown of one of DeFi's oldest protocols cuts liquidity and shifts the competitive landscape for DEXs.
#BAL
Source: The Defiant
More on this
DeFi · Sep 21
Balancer discusses orderly wind-down and returning treasury to BAL holders
 DeFi · Sep 22
Balancer community floats official 'Fork and Rebirth' spinoff led by MAXYZ
 DeFi · Sep 26
Balancer fork MAXYZ seeks 6M BAL, may cut holders' redemption value