According to CoinMeta, the Balancer community has proposed a phased closure of the protocol, which includes stopping new business expansions, gradually terminating the protocol, and closing down DAO within feasible limits. The treasury funds will be distributed proportionally in physical form to the holders of BAL, with a current valuation of at least 9 million US dollars. The BIP-919 buyback will be canceled, and BIP-687 will be replaced. The notification period for contributors is until October 31, 2026, after which the fund pool will become available only for withdrawal on October 30. The first round of distribution will begin at the end of May 2027, and holders who destroy their BAL will receive their share of the treasury. The second round will involve airdrops to the addresses that redeemed in the first round, with a final settlement to follow six months after that. The voting for Snapshot is scheduled to take place from September 25 to 29.