Balancer Proposes Orderly Protocol Shutdown and Treasury Distribution
The Balancer community has proposed an orderly shutdown of the protocol, which includes halting new business and distributing at least $9 million from the DAO treasury to BAL holders. The plan involves a phased termination, with the first round of distribution scheduled for May 2027. A Snapshot vote is set for September 25-29.
Summaries are written by AI from the original article. Not investment advice.