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Balancer protocol shutdown vote follows $128M breach, $9M at stake

The Cryptonomist·September 15, 2026·1 min read
Balancer protocol shutdown vote follows $128M breach, $9M at stake

Balancer is asking token holders to vote on shutting down the protocol after a $128 million exploit nearly a year ago. The proposed shutdown would wind operations down in phases and hand over $9 million. The vote marks a formal endpoint to the DEX's collapse.

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