Wu Shuo has learned that Balancer co-founder Fernando Martinelli stated that Balancer Labs will be shut down, primarily due to legal risks brought by the vulnerability incident in November 2025 and the lack of revenue for the company entity under the current structure, making it difficult to sustain. In the future, the protocol will be operated by DAO, foundation, and service provider models, with some core members planning to merge into Balancer OpCo (pending governance vote). At the same time, he supports advancing a series of structural adjustments, including halting BAL incentive emissions, gradually phasing out veBAL, directing 100% of protocol fees to the DAO, optimizing fee distribution mechanisms, implementing BAL buybacks to provide exit liquidity, as well as contracting product scope and on-chain deployments to reduce costs and enhance sustainability.