Balancer shuts down: BAL holders vote Sep 25 to claim $9M treasury or forfeit

The Balancer protocol is shutting down after a November 2025 smart contract exploit that lost $128M and cut revenue by 95%. BAL token holders must vote September 25-29 to claim a proportional share of over $9M in treasury assets or permanently lose the right to them.

• Treasury distribution vote runs September 25-29
• November 2025 smart contract exploit drained $128M
• Protocol revenue fell 95% in under a year
• Treasury holds over $9M; non-voters lose their share