Balancer Community Votes to Approve Orderly Shutdown

Balancer has announced that BAL holders passed the BIP-928 proposal for an orderly shutdown, while the BIP-929 fork proposal was rejected. Liquidity pools will remain operational until October 30, with withdrawals enabled. Key dates include October 16 for V3 pool extension requests and November 30 for the suspension of the V3 Vault. BAL holders are expected to be able to burn BAL for a pro-rata share of treasury assets starting in late May 2027, while tetuBAL holders will receive 50% of their locked assets in BAL.