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Crypto DeFi

Balancer Community Proposes ‘Fork and Rebirth’ with MAXYZ-Led Official Fork

Balancer’s community has floated a ‘Fork and Rebirth’ proposal under which MAXYZ would lead an official fork to continue the protocol, with liquidity, team, partners, users and intellectual property migrating regardless of whether a separate shutdown proposal passes. Pools and the treasury would run until the end of Q2 2027. Around 6 million uncirculated BAL would serve as pre-fork funding, and Balancer’s treasury would receive 10% of a post-fork token’s fully diluted valuation if a TGE occurs. The proposal remains under discussion before a Snapshot vote.

Original source

AI take

A fork that proceeds regardless of the shutdown vote is the notable part: it removes the binary choice between continuity and wind-down, and shifts the real decision to terms rather than survival. The pre-fork funding from uncirculated BAL and the treasury's claim on a future token's valuation matter most, since they set who carries the upside and who absorbs dilution. Whether the migration of liquidity, users and IP actually follows the proposal, and how the Snapshot vote treats the parallel tracks, is the open question.

Generated by AI for reference only.

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