The service provider of the DeFi protocol Balancer revealed that it is reducing its operating budget and laying off employees. Balancer OpCo, which manages the front end of the protocol, has fired two engineers and reduced its operating budget. In addition, the focus will shift to improving its user interface and marketing in the future. The platform's service provider Orb Collective is responsible for guiding the design, marketing and regulatory strategy of the protocol, and will form a dedicated marketing team to discuss the mechanism of how Balancer can cooperate with platform users. (CoinDesk)
