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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