According to Huoxing Finance, Balancer officially announced that a proposal, written by Marcus Hardt, to wind down Balancer and distribute the treasury to BAL holders, has been posted on the forum. Discussion is now open, and the Snapshot vote is expected to take place from September 25 to 29. The official stated that there are currently no changes: liquidity pools and withdrawal functions continue to operate as usual. Any wind-down action will await the outcome of the vote.
Balancer Proposes Liquidation and Treasury Distribution to BAL Holders
MarsBitShare
Summary
Balancer has proposed liquidating its treasury and distributing assets to BAL holders, according to on-chain news from MarsBit. The proposal, led by Marcus Hardt, is open for discussion, with a Snapshot vote scheduled for September 25–29. The team emphasized that no changes are currently active and that pools remain fully operational. The outcome of the vote will determine whether any liquidation proceeds. New token listings and governance updates continue to drive on-chain activity.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.