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Balancer Labs will shut down as corporate entity became 'a liability' after $110 million exploit
โ‚ฟCrypto & Web3

Balancer Labs will shut down as corporate entity became 'a liability' after $110 million exploit

Home/Crypto & Web3/Balancer Labs will shut down as corporate entity became 'a liability' after $110 million exploit

Co-founder Fernando Martinelli said he considered winding down the entire protocol but decided the team deserved a chance to restructure, with the DAO targeting zero emissions, fee restructuring, and a BAL buyback to offer holders a fair exit.

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Shaurya Malwa

๐Ÿ“… Mar 24, 2026ยทโฑ 1 min readยทCoinDesk โ†—
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CoinDesk

https://www.coindesk.com/tech/2026/03/24/balancer-labs-will-shut-down-as-corporate-entity-became-a-liability-after-usd110-million-exploit
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Co-founder Fernando Martinelli said he considered winding down the entire protocol but decided the team deserved a chance to restructure, with the DAO targeting zero emissions, fee restructuring, and a BAL buyback to offer holders a fair exit.
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๐Ÿ“… Mar 24, 2026

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