Balancer· closed

[BIP-930] Distribution of Recovered Funds from Balancer V1 August 31st 2026 Exploit

Proposed by0x5886...c6F1

View on Snapshot ›

Current Vote

6,331,377.388For (100%)

—

0Against (0%)

Quorum: 5,000,000Quorum reached

Summary

Here, the DAO proposes the distribution of funds recovered following the Balancer V1 exploit of August 31st, 2026.

Context: a bug was found on legacy Balancer V1 pools allowing them to be drained. Whitehat actors intervened during the event, and the main exploiter was identified as a greyhat, partially returning funds to the Balancer DAO Multisig on Ethereum Mainnet. Although, many copycat transactions remain annonymous with proceedings going into mixers.

As of the latest report, $1,393,694.67 worth of tokens were drained from v1 pools (priced at the time of the attack).

This proposal follows the framework established in BIP-892 (distribution of rescued funds

Interpretation Thread

Connect your wallet to join the discussion.

No comments yet. Be the first to share your take.

Post Interpretation

Claim + evidence

Interpretations post onchain directly. Prediction stakes happen separately below.

ID: proposal:balancer:0x62d9add4f2184153aba3d2d44c9e9d44d90db76676f8335eb7f8ffb7d52d98e5

Signal Vote

Cast your interpretation on this proposal via MO

Voting contract not deployed on this network

Details

ID: 0x62d9add4f2184153aba3d2d44c9e9d44d90db76676f8335eb7f8ffb7d52d98e5
DAO: Balancer
Source: Snapshot
Start: October 2, 2026
End: October 6, 2026