Balancer Contributor Proposes Orderly Winddown and $9M Treasury Distribution

A Balancer contributor has published a governance proposal to wind down the decentralized exchange and return its treasury to token holders, a move that would close out one of DeFi’s longest-running automated market makers.

The proposal, filed on Balancer’s official forum on September 14, calls for no new business development, a phased shutdown, and the distribution of a DAO treasury worth at least $9 million at current prices to BAL holders.

The Proposal and Timeline The plan is a series of dates that only move if holders approve it. Contributor notice already began on August 27 and runs to October 31. A Snapshot vote is scheduled for September 25-29.

If it passes, pausable pools shift to withdrawals only on October 30, 2026, the same day bug-bounty coverage ends.