Balancer Holders Pass Liquidation Plan, Reject Official Fork Chain

A governance vote that ends a protocol rather than forking it is a notable signal in DeFi: holders chose an orderly wind-down over continuity, which may reflect limited appetite for funding a new chain. The withdrawal-only switch matters most for users with capital still in pausable pools, since their practical access changes before any treasury redemption. The long gap until BAL can be redeemed for treasury assets is the key unresolved question — whether affected holders treat that timeline as acceptable or as a reason to exit sooner.