The Balancer community has proposed the Fork and Reincarnate initiative, aiming to transform into a tokenized stock trading platform.
2026-09-22 11:10:56
According to CoinMeta, the Balancer community has proposed Fork, and, and Reincarnate. The plan is to transform the protocol into a tokenized stock trading platform through an official fork. The proposal suggests that Maxyz take the lead in establishing a new entity to migrate liquidity, the team, and intellectual property rights, and to postpone the suspension of existing pools and vault until the second quarter of 2027. The proposal plans to use 6 million BAL as seed capital, and the Balancer treasury will receive 10% of the new protocol tokens FDV. The new protocol will utilize Balancer technology to tokenize stocks. If 10% of the average daily trading volume of $75 million in the US stock market is moved onto the blockchain and a 1-basis-point fee is charged, the annual revenue could theoretically reach $27.4 million.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.