Balancer Labs Proposes Full Protocol Shutdown and Transition to Pure DAO Governance
Balancer Labs has proposed dissolving its current company structure and transitioning entirely to DAO governance. The proposals — now live on the Balancer governance forum — include ending all BAL token emissions, routing 100% of protocol fees directly to the DAO treasury, and dismantling the veBAL token-locking governance mechanism in favor of a simplified governance model.