MAXYZ, a group of former Balancer contributors, is requesting up to 6 million non-circulating BAL tokens to seed a successor protocol. If these tokens become eligible before the proposed wind-down snapshot at the end of May 2027, the current treasury of $9.96 million would be divided among a larger number of tokens, reducing the per-token redemption value from $0.1579 to approximately $0.1442, an 8.7% decrease. In exchange, MAXYZ proposes allocating 10% of the fork’s fully diluted token supply to the Balancer treasury, a conditional right with no realized value today. Decisions on the token grant, IP transfer, and pool timeline remain separate and none have been approved by governance yet.
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