Balancer token holders have overwhelmingly approved a proposal to wind down the protocol, with over 99% of votes supporting the move. Starting October 30, pools that can be paused will switch to withdrawals only, and bug-bounty coverage will end. Treasury claims will open in May 2027, allowing holders to burn BAL tokens to claim a share of remaining assets, estimated at about 16 cents per BAL. A separate proposal to launch a Balancer fork failed, and liquidity partners may request an extension until November 30. This wind-down follows a major exploit in 2025 that drained $128 million from v2 pools.
Despite the protocol wind-down announcement, BAL token on Pluang shows a strong 1-day gain of 11.14% as of Sep 30, 2026 06:22 WIB, trading at Rp16,297. This price contrasts with the estimated payout of about 16 cents per BAL mentioned in the news. BAL's market cap on Pluang stands at Rp874.53 million with a 24-hour volume of Rp468.88 million, reflecting active trading even as the protocol prepares to pause pools starting October 30.
