**[Balancer Plans "Rebirth" and Forks New Protocol, Betting on On-Chain Trading of Tokenized Stocks]** BlockBeats News, September 22: The Balancer community has proposed the "Fork and Reincarnate" proposal, aiming to continue Balancer's technology and ecosystem through an official fork in case the protocol shuts down. The new protocol is positioned as a "tokenized stock trading platform." The proposal suggests establishing a new official fork entity led by MAXYZ, migrating part of the liquidity, team members, partners, users, and intellectual property to the new protocol. It also proposes postponing the suspension of existing pools and Vaults until the second quarter of 2027. In terms of funding, the proposal plans to use approximately 6 million uncirculated BAL tokens remaining in Balancer's treasury as seed funding for the new project, equivalent to about $690,000 at current prices. In exchange, if the new protocol conducts a token issuance or other liquidity exit events in the future, the Balancer treasury will preemptively receive 10% of the new protocol's token FDV. The new protocol will focus on leveraging Balancer's technologies, including multi-asset pools, dynamic weights, dynamic fees, LVR capture, and permissioned pools, to bet on the on-chain tokenization of stocks and other traditional financial assets. Using the example of the U.S. stock market's average daily trading volume of $750 billion, the proposal estimates that if 10% of this volume is tokenized, with a 1 basis point fee and a 1% market share, the theoretical annualized revenue could reach approximately $27.4 million. Additionally, the proposal plans to grant the new fork a permanent, irrevocable, non-exclusive license to Balancer-related intellectual property. If the original Balancer entity dissolves, the license will be upgraded to an exclusive transfer of the intellectual property it holds. [Original Link]