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Sad to see Balancer winding down:


I have fond memories using (and farming) it since day 1 but tbh I haven't used it for years now. So shutting down is understandable.
Interestingly, if the proposal passes, holders could redeem $BAL for their share of the treasury.
~$9.15M treasury vs ~$7.6M market cap.
Without treasury held $BAL and shutdown costs and we get ~11% upside at current prices. Still need to confirm how much BAL qualifies.
And unclaimed allocations go to those who redeem!
If 10% of eligible BAL goes unclaimed, the payout per redeemed token rises another ~11%.
So lost keys could benefit everyone else. I bet smart traders already calculating the trade.
But redemptions only start in May 2027, with unclaimed shares distributed by January 2028.
Quite a wait for that spread and lock in your capital...
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Repanzal
8 hours ago
How much upside is left ?
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Repanzal
8 hours ago
Interesting 👀
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Repanzal
8 hours ago
First Review
LFG 🔥
0