The Balancing community proposes an orderly closure agreement and intends to allocate at least $9 million in treasury assets to BAL holders

The Balancing community has proposed an orderly closure of the agreement, with plans to halt new business expansion, terminate the agreement in stages, and close the DAO within feasible limits. The treasury will be distributed proportionally to BAL holders in physical form, with a current valuation of at least $9 million. The repurchase of BIP-919 will be cancelled and BIP-687 will be replaced. The notification period for contributors is until October 31, 2026, and the funding pool will be converted to only withdrawable on October 30. The first round of distribution will begin at the end of May 2027, with holders destroying BAL to obtain treasury shares; The second round is the airdrop for redeeming addresses in the first round, which will be conducted within two months after the deadline; Final liquidation will be conducted in six months. The snapshot voting is scheduled from September 25th to 29th.