BBX Logo Beta

The Balancing community passed the shutdown proposal BIP-928, but the fork plan BIP-929 was not approved

--

The Balanced community approved the orderly closure proposal BIP-928 and the fork proposal BIP-929 was not approved. The existing fund pool will run until October 30th, and users can withdraw funds at any time. The deadline for the partner to apply for an extension of the specific V3 fund pool operation until November 30th is October 16th. On October 30th, the suspended fund pool allowed by the relevant contract was converted to a withdrawal only mode, and the vulnerability bounty program ended; On November 30th, V3 Vault was suspended. The balancer contract operates in a non custodial mode, and withdrawals do not rely on project operations. BAL holders do not need to operate. Starting from the end of May 2027, holders can destroy BAL and receive DAO vault assets in proportion. The specific date will be announced two weeks in advance. Balancing will release guidelines for exiting the fund pool.

Loading...