Weekly Crypto Watch: Balancer proposes shutdown, Aave teases Aavenomics 3.0

Crypto KOL @TheDeFiInvestor highlighted key industry catalysts for the week. Balancer faces a governance vote from September 25 to 29 on a proposal to shut down the protocol and distribute at least $9 million in treasury assets to BAL holders who burn their tokens. Aave founder Stani Kulechov announced Aavenomics 3.0, which aims to transition the current committee-led $1 million weekly buyback program into an automated, protocol-level mechanism funded by protocol and GHO revenue. Additionally, Avalanche is set to activate the Helicon upgrade on September 22, reducing the minimum validator lock-up period from 14 days to 48 hours. Other updates include the launch of a Pre-Access subscription channel on Binance Wallet via PancakeSwap and the Meridian mainnet upgrade for Injective on September 24, focusing on institutional-grade RWA issuance.