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

Tech, News 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. 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. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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