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Balancer eyes wind-down after restructuring fails to revive revenue
The DeFi protocol is considering winding down after its restructuring efforts, which included cutting costs and shipping new products, failed to revive revenue. According to Marcus Hardt, Balancer's v3 product did not manage to replace legacy revenue, with a $128 million exploit in November continuing to impact user adoption.
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Source：Cointelegraph · Source Link
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