Wu Shuo has learned that Balancer co-founder Fernando Martinelli announced plans to shut down Balancer Labs, primarily due to legal risks arising from a vulnerability incident in November 2025 and the company's lack of revenue under the current structure, making it difficult to sustain. Moving forward, the protocol will be operated through a DAO, foundation, and service provider model, with some core members planned to join Balancer OpCo (subject to governance approval). He also supports implementing a series of structural adjustments, including stopping BAL incentive emissions, gradually phasing out veBAL, allocating 100% of protocol fees to the DAO, optimizing fee distribution mechanisms, executing BAL buybacks to provide exit liquidity, and reducing product scope and on-chain deployments to lower costs and improve sustainability.