Castle Labs 🏰(@castle_labs):Balancer proposed winding down, routing treasury assets to $BAL holders, and the economics behind it make sense. Balancer's monthly spending exceeds revenue. They spend about $150k/month, while protocol revenue was $30k in August and treasury yield was $25k. The treasury balance is $9m, excluding $BAL, with each token priced at ~$0.13 based on circulating supply, while the market price is $0.11. The initial distribution begins at the end of May 2027, and any unclaimed tokens are redistributed to those who redeemed.

2026.09.15 09:18

Balancer proposed winding down, routing treasury assets to $BAL holders, and the economics behind it make sense. Balancer's monthly spending exceeds revenue. They spend about $150k/month, while protocol revenue was $30k in August and treasury yield was $25k. The treasury balance is $9m, excluding $BAL, with each token priced at ~$0.13 based on circulating supply, while the market price is $0.11. The initial distribution begins at the end of May 2027, and any unclaimed tokens are redistributed to those who redeemed.

Balancer@Balancer

2026.09.14 19:29

A proposal to wind down Balancer and distribute the treasury to BAL holders is live on the forum, authored by Marcus Hardt. Discussion is open; a Snapshot vote is expected to happen from 25 to 29 September. Nothing changes today: pools and withdrawals work as they do now. Any wind-down action waits for the vote.