Balancer Proposes Shutting Down and Returning Its $9 Million Treasury to BAL Holders
Holders would burn BAL for a pro-rata share of the treasury starting May 2027. Pools move to withdrawals-only on Oct. 30. BALs market cap is $7.7 million. Balancer would stop operating and hand its treasury back to token holders under a proposal posted to the protocols governance forum on Monday. The post cancels the buyback token holders approved in April and replaces it with a redemption that burns BAL for treasury assets. The treasury is worth more than the token. Balancer‘s managed treasury is at least $9 million at current prices, the proposal says, citing the figure reported by treasury manager kpk. BAL’s market capitalization is $7.71 million, according to CoinGecko. The proposal excludes BAL itself from the distribution, so redeemers would receive the other assets the DAO holds, in kind and pro rata. The author is Marcus Hardt, who was added to Balancers Treasury Council and to the Foundation and OpCo director multisigs under BIP-918, the April restructuring. A Snapshot vote is scheduled for Sept. 25 to 29, with a quorum of 5 million BAL. The proposal asks for a winddown budget of $150,000 from Nov. 1 to May 2027, $30,000 from then to a final sweep, and a $220,000 reserve drawn









