A proposal has been submitted to the Balancer (BAL) protocol governance forum to cease operations and distribute $9 million in treasury assets to token holders. Discussions are currently underway, and a snapshot vote is scheduled to take place between September 25th (local time) and 29th. If the proposal passes, starting May 2027, BAL holders will be able to burn their tokens and receive an amount from the treasury proportional to their stake. Furthermore, liquidity pools will be converted to withdrawal-only starting October 30th, and contributors will be notified of the cessation of operations by the 31st.
