Balancer fork proposal for 6 million BAL grant sparks dilution concerns

A group of former Balancer contributors, MAXYZ, is requesting up to 6 million BAL tokens to seed a successor protocol. The proposal, which includes a potential future allocation to the Balancer treasury, faces scrutiny as it could dilute the redemption value for existing holders participating in the DAO's planned wind-down. The grant would utilize tokens currently held in various Balancer-related safes, and the impact on the final pro rata distribution remains a key financial concern for current token holders.