Balancer

2 stories

Balancer DAO weighs shutdown and $9 million payout to token holders

Balancer DAO is considering shutting down its protocol and distributing at least $9 million from its treasury to BAL holders who burn their tokens, after the collapse of Balancer Labs and a major exploit.

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Balancer DAO prepares to shut down after $128M exploit and failed recovery

Balancer, once a leading DeFi protocol with over $3 billion in assets, is moving toward an orderly shutdown after a major exploit and unsuccessful turnaround efforts. Token holders will vote on ending operations and distributing remaining funds, with liquidity pools set to enter withdrawals-only mode.

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