Case summary
What happened
BIP-928 passed on September 29, approving a voluntary shutdown plan following the earlier Balancer Labs corporate wind-down. On October 30 pausable pools move to withdrawals-only and bug bounty coverage ends; requested qualifying v3 pools may continue until November 30. Withdrawals via smart contracts remain available, and certain non-pausable pools may keep running with fee changes. These future actions are not recorded as already executed as of October 16.
Customer result
Customer outcome
Unknown
BIP-928 specifies non-custodial LP exits and treasury governance distributions. It is not an insolvency adjudication or universal LP recovery program; pool-by-pool withdrawal results remain unknown.
- Estimated recovery
- Unknown
- Repayment started
- —
- Repayment completed
- —
- Confidence
- High
Asset treatment
Terms risk
Unknown
The official proposal calls contracts noncustodial and provides exit paths, but does not establish one legal ownership/terms arrangement for every v2/v3 LP product and strategy. Do not infer universal protection or redemption outcomes.
- Affected product
- —
- Confidence
- Medium
Source: BIP-928 orderly Balancer wind-down and treasury distribution proposal
Known unknowns
Uncertainty
Exact pool-by-pool pauses, LP exits, withdrawal completions, and treasury disbursements cannot be inferred from the governance vote. BIP-928 approval and future execution dates are distinct facts.
Chronology
Historical record
Balancer DAO passes BIP-928 phased pool and vault sunset
Balancer governance approved BIP-928 on September 29, 2026. Most pausable pools are scheduled to transition to withdrawals-only October 30, with qualifying v3 partner exceptions through November 30; bug bounty coverage ends October 30. Protocol contract withdrawal paths remain available after the frontend-related changes.
Approval is confirmed; implementation at October 30 and November 30 remains future as of the October 16 review.
Source record
Evidence dossier
Filter by claim, reliability, source type, and whether evidence is linked to a specific event.
Event
2 sourcesBIP-928 orderly Balancer wind-down and treasury distribution proposal
Balancer Governance Forum · 2026-09-14
Official governance proposal defines pool phases, noncustodial withdrawals and v3 exceptions.
BIP-928 vote result: passed September 29
Balancer Governance Forum · 2026-09-29
Proposal author's vote conclusion confirms BIP-928 approved and enumerates October 16, October 30, November 30 and May 2027 milestones.
No evidence records match the current filters.
Comparative records