Balancer Proposes Winding Down Labs, Ending BAL Emissions in Sweeping Reset

The team behind veteran DeFi protocol Balancer has posted two sweeping governance proposals that would wind down Balancer Labs, consolidate all operations under a DAO-controlled entity, and end BAL token emissions entirely.

The operational restructuring proposal, posted on March 23, formalizes the wind-down of Balancer Labs OÜ, the Estonian entity that originally built the protocol, and consolidates all activity under Balancer OpCo Limited, a BVI entity that operates as a direct agent of the DAO.

The team would shrink from roughly 25 to 12.5 full-time equivalents, with an annual operating budget of $1.9 million — a 34% cut from the $2.87 million approved under the previous roadmap.

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