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Balancer · active proposal

[BIP-928] Orderly Winddown of Balancer and Distribution of the Treasury

0x5886…c6F1·3d left·Discussion ↗
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0
BAL voted
0
Token price
$0.12

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Voting results

Quorum
0 / 5.00M BAL(0%)
Yes, with tetuBAL at 50%0 (0.0%)
Yes, with tetuBAL at 100%0 (0.0%)
No0 (0.0%)
Abstain0 (0.0%)
0 BAL · 0 votersblock 26055863

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Full proposal

Original markdown · Balancer

TL;DR

  • I propose an orderly winddown of Balancer: no new business development, a phased sunset of the protocol with a defined exit window, and the DAO closed to the extent legally and practically possible.
  • The treasury goes to BAL holders in kind and pro rata, after setting aside what the winddown still needs to spend, in two rounds and a final sweep. Round one opens at the end of May 2027: holders burn their BAL and receive their share of the treasury. Round two is an airdrop to the addresses that redeemed in round one, in proportion to what they redeemed, within two months of the clos…

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