Balancer token holders approve wind-down plan and reject official fork proposal

Balancer token holders have voted to approve a protocol wind-down plan while rejecting a proposal to launch an official fork, according to The Defiant, as cited by ChainCatcher. Under the approved arrangement, pausable pools will shift to a withdrawal-only mode starting on Oct. 30. The decision lays out the next operational step for the DeFi protocol’s existing pool structure rather than moving forward with a new official chain split. The report also says BAL holders will need to wait until the end of May 2027, when they will be able to exchange their tokens for assets held in the protocol treasury. The vote settles two key governance questions at once: how Balancer will handle the protocol’s wind-down process, and whether it will pursue an official fork. For token holders, the timeline now includes an Oct. 30 change for pausable pools and a later redemption window for BAL tied to treasury assets.