CryptoMedium•29 September 2026•
1 min read
BAL Holders Approve Balancer Protocol Shutdown and Treasury Liquidation
Key Facts
1More than 99% of BAL holders voted in favor of the plan to shut down the Balancer protocol and liquidate the treasury.
2Payouts are estimated at approximately 16 cents per BAL token, with treasury claims set to open in May 2027.
3Bug bounty coverage for the protocol is scheduled to end on October 30.
More than 99% of BAL holders voted in favor of a plan to shut down the Balancer protocol and liquidate its treasury. Unchained Crypto reported that the approved wind-down proposal includes the termination of bug bounty coverage for the protocol, which is scheduled to end on October 30.
Payouts to token holders are estimated at approximately 16 cents per BAL token, with treasury claims set to open in May 2027. The decision marks the final phase for the decentralized finance project as it moves to distribute its remaining assets to stakeholders amid a lack of current market pricing data for the associated instruments.