Balancer came within inches of full shutdown before founder intervened with tokenomics overhaul, 0xngmi reveals

𝕏/@0xngmi •

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pretty wild how different the outcomes are for the same ve-tokenomics model. Aura captured veBAL the same way Convex captured veCRV, but Balancer couldn't sustain it — Labs shutting down, now trying to rebuild through DAO with emission cuts and buyback. Curve went through its own stress test and came out stronger. design philosophy matters.

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Balancer came within inches of full shutdown before founder intervened with tokenomics overhaul, 0xngmi reveals

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Balancer identifies over $500k in unclaimed user funds and rewards across legacy v2 and v3 positions, instructs users to check their wallets

BAL holders approve an orderly Balancer wind-down as BIP-928 passes while fork proposal BIP-929 fails ahead of October 30 deadline

MAXYZ proposes an official Balancer fork that could migrate liquidity, contributors, partners and IP to a new protocol, with a Snapshot vote expected this weekend

Balancer proposal seeks to wind down protocol and distribute treasury to BAL holders, with Snapshot vote expected from Sept. 25–29

Balancer warns of a bug in legacy V1 contracts that can drain LP funds, urging users to withdraw proportionally as other Balancer products remain unaffected

Balancer's $120M exploiter reactivates after 5 months, launders $11M through THORChain mirroring Kelp DAO route

Balancer identifies over $500k in unclaimed user funds and rewards across legacy v2 and v3 positions, instructs users to check their wallets

BAL holders approve an orderly Balancer wind-down as BIP-928 passes while fork proposal BIP-929 fails ahead of October 30 deadline

MAXYZ proposes an official Balancer fork that could migrate liquidity, contributors, partners and IP to a new protocol, with a Snapshot vote expected this weekend

Balancer proposal seeks to wind down protocol and distribute treasury to BAL holders, with Snapshot vote expected from Sept. 25–29

Balancer warns of a bug in legacy V1 contracts that can drain LP funds, urging users to withdraw proportionally as other Balancer products remain unaffected

Balancer's $120M exploiter reactivates after 5 months, launders $11M through THORChain mirroring Kelp DAO route

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Balancer came within inches of full shutdown before founder intervened with tokenomics overhaul, 0xngmi reveals

More coverage

Explore the topic

More on Balancer

Balancer identifies over $500k in unclaimed user funds and rewards across legacy v2 and v3 positions, instructs users to check their wallets

BAL holders approve an orderly Balancer wind-down as BIP-928 passes while fork proposal BIP-929 fails ahead of October 30 deadline

MAXYZ proposes an official Balancer fork that could migrate liquidity, contributors, partners and IP to a new protocol, with a Snapshot vote expected this weekend

Balancer proposal seeks to wind down protocol and distribute treasury to BAL holders, with Snapshot vote expected from Sept. 25–29

Balancer warns of a bug in legacy V1 contracts that can drain LP funds, urging users to withdraw proportionally as other Balancer products remain unaffected

Balancer's $120M exploiter reactivates after 5 months, launders $11M through THORChain mirroring Kelp DAO route

Balancer identifies over $500k in unclaimed user funds and rewards across legacy v2 and v3 positions, instructs users to check their wallets

BAL holders approve an orderly Balancer wind-down as BIP-928 passes while fork proposal BIP-929 fails ahead of October 30 deadline

MAXYZ proposes an official Balancer fork that could migrate liquidity, contributors, partners and IP to a new protocol, with a Snapshot vote expected this weekend

Balancer proposal seeks to wind down protocol and distribute treasury to BAL holders, with Snapshot vote expected from Sept. 25–29

Balancer warns of a bug in legacy V1 contracts that can drain LP funds, urging users to withdraw proportionally as other Balancer products remain unaffected

Balancer's $120M exploiter reactivates after 5 months, launders $11M through THORChain mirroring Kelp DAO route

Comments

More on Balancer

Balancer identifies over $500k in unclaimed user funds and rewards across legacy v2 and v3 positions, instructs users to check their wallets

BAL holders approve an orderly Balancer wind-down as BIP-928 passes while fork proposal BIP-929 fails ahead of October 30 deadline

MAXYZ proposes an official Balancer fork that could migrate liquidity, contributors, partners and IP to a new protocol, with a Snapshot vote expected this weekend

Balancer proposal seeks to wind down protocol and distribute treasury to BAL holders, with Snapshot vote expected from Sept. 25–29

Balancer warns of a bug in legacy V1 contracts that can drain LP funds, urging users to withdraw proportionally as other Balancer products remain unaffected

Balancer's $120M exploiter reactivates after 5 months, launders $11M through THORChain mirroring Kelp DAO route

Balancer identifies over $500k in unclaimed user funds and rewards across legacy v2 and v3 positions, instructs users to check their wallets

BAL holders approve an orderly Balancer wind-down as BIP-928 passes while fork proposal BIP-929 fails ahead of October 30 deadline

MAXYZ proposes an official Balancer fork that could migrate liquidity, contributors, partners and IP to a new protocol, with a Snapshot vote expected this weekend

Balancer proposal seeks to wind down protocol and distribute treasury to BAL holders, with Snapshot vote expected from Sept. 25–29

Balancer warns of a bug in legacy V1 contracts that can drain LP funds, urging users to withdraw proportionally as other Balancer products remain unaffected

Balancer's $120M exploiter reactivates after 5 months, launders $11M through THORChain mirroring Kelp DAO route

Total stats

How to Earn