The plan to allocate 6 million BAL tokens behind the fork could affect the original holders' redemption value.
#The ball#The Balancer Fork#The Token supply#The ransom is withdrawn#The same bearer
What's the new proposal?
A proposal published on the Balancer's Shareholder Forum (BAL: Balancer ) proposes to allocate a maximum of 6 million tokens of non-circulating BAL as seed capital for the Baller's Fork, identifying the source of remaining uncirculated BAL in the balance sheet and the wallet associated with Balancer Labs. If the Fork issues new tokens, the proposal would allocate 10% of full post-transaction value to the Balance Sheet while the Forks will not be included in the tranche from the original Balancer balance sheet.
Why should the old BAL keeper care?
Old BAL holders may receive a monetary value from the redemption according to the rules of the original vault, so the new proposal changes the assumptions of this process because FAQ 's forums state that if some tokens are released into the market, the amount of tokens in the redeemable network will increase as the token base grows. The value that the old holder might get from the withdrawal could also change even though the text of the offer does not specify the price or number of Fork tokens to be reissued explicitly in this dataset.
Key words to understand before reading the proposal.
Balancer is a zero-distribution financial protocol with BAL as the controlling token. The Lancer Fund is the central fund of the protocol, and the wallet associated with Balancer Labs is the source for storing tokens that may not have been circulated in the marketplace. Fork is a separate protocol from the original and may have its own token.
Consequences for the original holder's condition and rights.
If a maximum of 6 million BAL tokens are allocated and some go to market, the number of tokens in the redemption network will increase by FAQ forums. This change does not indicate a value-per-unit direction but means that BAL's rights to the original pool may be recalculated on a new basis. In addition, Fork's holdings being excluded from withdrawals from the Nanser Pool might result in its original holders being unable to directly claim their valuable rights from the Fork pool under this proposal.
Perspectives for users in Thailand and the region
Users in Thailand can follow Balancer's compliance forums to check the status of offers, and if it involves Fork tokens, they can review virtual contracts, token names, and listings on trading platforms licensed by the Securities and Exchange Commission (SEC) such as Bitkub or other platforms to verify similarity in the baht ( THB ). Users from Myanmar or regions working through foreign platforms can distinguish between an original BAL and a newly issued Fork token because similar protocol name does not imply equal risk or value.
It's a warning.
This article is a compilation of information, not investment advice. Digital assets have high returns and should be used intuitively.
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