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Balancer: Will assess the impact of large-scale liquidation events of BAL on Aave and Venus; protocol security remains unaffected.
Odaily Planet Daily reports that Balancer posted on X stating that they have noticed large-scale liquidations of BAL on Aave and Venus, causing significant fluctuations in the token price. The Balancer team is currently assessing the potential impact of these events on liquidity mining across various pools and will coordinate with ecosystem partners on the next steps. They also confirmed that this was an external market event, and the Balancer protocol remains secure and operational, unaffected by these liquidations.