Balancer Ends Core Team Operations as BIP-928 Shutdown Begins
Photo: TokenPost
Balancer's core team ended normal operations Saturday as the protocol began a phased shutdown under community-approved BIP-928, moving most pools to withdrawals only and setting Nov. 30 as the cutoff for extended V3 pools. Balancer core contributor Marcus Hardt said Oct. 31 was the team's last normal workday. Most pools switched to withdrawal-only mode Friday, Oct. 30, and the protocol's bug bounty program ended that day. A limited set of V3 pools approved for an extension will continue until Nov. 30. Balancer's V3 Vault is scheduled to pause that day, setting the next date in the staged shutdown.
Source: TokenPost
