Balancer Community Votes to Pass BIP-928 Orderly Liquidation Proposal

Decentralized exchange protocol Balancer announced that community voting has approved the BIP-928 ordered liquidation proposal, while the fork proposal BIP-929 was not approved. The protocol's liquidity pools will operate normally until October 30, after which they will transition to a "withdrawal-only" mode and the bug bounty program will be simultaneously terminated. V3 vaults are expected to pause on November 30. Due to the non-custodial nature of the smart contracts, liquidity providers can withdraw funds at any time, and relevant withdrawal guidelines will be published prior to October 30.