Let me break it down in plain terms: The veteran automated market maker Balancer got hacked last year for $128M, stuck in lawsuits and can't afford to pay up; plus, it's not making money now, and 90% of the funds on the platform are gone. The team decided to bail and handed the project over to the community @Balancer was backed by crypto giant Pantera, with a total funding of $30M. Now its market cap is $10M According to the new SEC rules, congrats to BAL—it's no longer a security now