Balancer Community Approves BIP-928 Proposal for Orderly Liquidation

The Balancer community has voted to approve the BIP-928 proposal for an orderly liquidation, rejecting the BIP-929 fork proposal. Liquidity pools will remain operational until October 30, after which they will transition to a withdrawal-only mode, and the bug bounty program will conclude. The V3 vault is expected to pause on November 30. Liquidity providers can withdraw funds at any time due to the non-custodial nature of the smart contracts. BAL token holders are expected to begin pro-rata treasury redemptions in late May 2027, with tetuBAL holders receiving 50% of their locked assets.