Balancer Community Votes to Approve Orderly Wind-Down Proposal, Liquidity Pools to Operate Until October 30

Odaily reports: Balancer officially announced that BAL holders have voted to approve the BIP-928 orderly wind-down proposal, while the competing proposal BIP-929 was not passed. Existing liquidity pools will continue to operate normally until October 30, during which users may withdraw funds at any time.

According to the plan, October 16 is the deadline for partners to apply for designated V3 pools to extend operations until November 30; starting October 30, where contracts permit, the relevant pools will transition to withdrawal-only, and the bug bounty program will conclude; on November 30, the V3 Vault will be officially paused.