Crypto
Balancer Crypto Price Plunges After Holders Back Orderly Shutdown
The Balancer crypto price has fallen to $0.1329 as holders approve an orderly protocol wind-down.
BAL holders will be able to seek a treasury share from May 2027, while tetuBAL holders have a separate payout plan.
Liquidity providers can keep withdrawing funds before the final shutdown stages begin on October 30.
The vote also rejects a proposed fork, setting Balancer on a path toward treasury distribution for BAL holders now.