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Balancer · active proposal

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

0x5886…c6F1·3d left·Discussion ↗
🐳 Whale activity
Voters
1
BAL voted
3.03M
≈$366.6K
Token price
$0.12

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
3.03M / 5.00M BAL(61%)
Yes, with tetuBAL at 50%0 (0.0%)
Yes, with tetuBAL at 100%3.03M (100.0%)
No0 (0.0%)
Abstain0 (0.0%)
3.03M BAL · ≈$366.6K · 1 votersblock 26056232

🐳 Whale votes

1 vote > 5% VP
0x9f74…d68e
5h ago · voted Yes, with tetuBAL at 100%
100.0%
3.03M VP
≈$366.6K

Full proposal

Original markdown · Balancer

How this vote is counted. - The two Yes options are added together: the proposal passes if their sum is greater than No, with quorum counted over all votes cast. Between the two Yes options, the one with more votes sets the tetuBAL fraction; if they tie, it is 50%.

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 …

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