💎 Worth noting: Over $500,000 in “treasure” is being left unclaimed on Balancer!
Balancer has just discovered a large amount of unclaimed assets and rewards belonging to various organizations and individuals (including Gauntlet and Ethena) during a DAO asset review ahead of winding down operations.
Key things you need to know:
💵 Estimated value: Over $500,000.
⏳ Note: Starting October 30, some liquidity pools will switch to “withdrawals only” mode.
🔍 Why the funds aren’t visible: Balancer v3 uses an internal accounting system, which means tools like block explorers and DeBank can’t display the balances.
The takeaway:
Don’t put too much faith in wallet-tracking tools. Some funds may still be sitting in old wallets, but because they don’t show up on the dashboard, many people assume they’re gone.
More broadly, Balancer scaling back operations to return funds to users is a testament to crypto’s ruthless process of natural selection. Only projects that deliver real value can survive in the long run.
How long has it been since you last “dug through” your old wallets to check whether you have any forgotten funds? Share with us!
👉 Follow the channel or leave a comment to join the discussion, everyone! — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto #ETH #Ethereum $TRX
Balancer has just discovered a large amount of unclaimed assets and rewards belonging to various organizations and individuals (including Gauntlet and Ethena) during a DAO asset review ahead of winding down operations.
Key things you need to know:
💵 Estimated value: Over $500,000.
⏳ Note: Starting October 30, some liquidity pools will switch to “withdrawals only” mode.
🔍 Why the funds aren’t visible: Balancer v3 uses an internal accounting system, which means tools like block explorers and DeBank can’t display the balances.
The takeaway:
Don’t put too much faith in wallet-tracking tools. Some funds may still be sitting in old wallets, but because they don’t show up on the dashboard, many people assume they’re gone.
More broadly, Balancer scaling back operations to return funds to users is a testament to crypto’s ruthless process of natural selection. Only projects that deliver real value can survive in the long run.
How long has it been since you last “dug through” your old wallets to check whether you have any forgotten funds? Share with us!
👉 Follow the channel or leave a comment to join the discussion, everyone! — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto #ETH #Ethereum $TRX