Balancer: over $500k in forgotten funds identified for users
Balancer says it has identified more than $500k in funds and rewards still sitting in the protocol, held in positions that typical portfolio dashboards miss. The checks were part of a review of DAO-owned assets that was also extended to historical positions held by outside users, whose owners have now been notified via a multi-part announcement thread.
The positions fall mostly into two hard-to-see categories:
- Legacy v2 liquidity mining contracts and partner reward distributors
- v3 buffer shares, which use internal Vault accounting and don't show up on block explorers or DeBank
Balancer advises protocols, DAOs or wallets that ever used it to check those locations, plus old operational wallets and Safes. The legacy interface remains available as the simplest way to withdraw from v1, v2 and v3 pools and to unstake gauges, with a manual exit guide covering direct contract withdrawals and support available on Discord.
Sources
- RT @Balancer: 1/4 If you've used Balancer before, you may still have funds or rewards sitting in the protocol. While reviewing DAO-owned a…x.com ↗
- *5/4 This is the end of the thread. Replying to their earlier post: 4/4 The legacy interface stays available as the simplest way to withdraw from v1, v2 and v3 pools and to unstake gauges. A manual exit guide covers direct contract withdrawals. Need help? Reach out o…x.com ↗
- 4/4 The legacy interface stays available as the simplest way to withdraw from v1, v2 and v3 pools and to unstake gauges. A manual exit guide covers direct contract withdrawals. Need help? Reach out on Discord and open a support ticket. Full details: Replying to their earlier post: 3/4 If your protocol, DAO or wallet ever used Balancer, check: - Legacy v2 liquidity mining contracts - v3 buffer shares - Partner reward distributors - Old operational wallets and Safesx.com ↗
- 3/4 If your protocol, DAO or wallet ever used Balancer, check: - Legacy v2 liquidity mining contracts - v3 buffer shares - Partner reward distributors - Old operational wallets and Safes Replying to their earlier post: 2/4 Most of these positions fall into two categories that portfolio dashboards can easily miss. Balancer v3 buffer liquidity uses internal Vault accounting, so it may not show up on block explorers o…x.com ↗
- 2/4 Most of these positions fall into two categories that portfolio dashboards can easily miss. Balancer v3 buffer liquidity uses internal Vault accounting, so it may not show up on block explorers or DeBank. Legacy v2 liquidity mining contracts can also hold partner rewards Replying to their earlier post: 1/4 If you've used Balancer before, you may still have funds or rewards sitting in the protocol. While reviewing DAO-owned assets, contributors also checked historical positions held by outside users…x.com ↗
- 1/4 If you've used Balancer before, you may still have funds or rewards sitting in the protocol. While reviewing DAO-owned assets, contributors also checked historical positions held by outside users. So far, more than $500k has been identified and the owners have been notified.x.com ↗
