• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Why Did Bitcoin and Crypto Dump Today?

2025-07-23

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    2025-07-25

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09
  • Videos

    Major Signal Flashed!!!

    2025-07-25

    Why Did Bitcoin and Crypto Dump Today?

    2025-07-23

    Historic Crypto Approval = New Bitcoin High Soon

    2025-07-22

    Altseason Ignites: Bitcoin Inflows, ETH Flip, and Saylor’s Bold Move

    2025-07-22

    Salty No-Coiner Hates Bitcoin

    2025-07-22
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»DeFi»DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot
DeFi

DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot

2023-04-13No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


DeFi


DeFi liquidity protocol Balancer’s service providers revealed they are slashing their operating budgets and laying off staff in a move to overhaul Balancer’s brand strategy during a Thursday community call.

Balancer’s OpCo, which manages the protocol’s front end, has laid off two engineers and reduced its operating budget, the providers’ team revealed during the Discord call attended by more than 20 people. The headcount reduction comes as the protocol turns its focus toward improving its user interface and marketing. To that end, the platform’s service provider, Orb Collective, which directs the protocol’s design, marketing and regulatory strategies, will build out a specialized marketing team that can discuss the mechanics of how Balancer works with the platform’s users. The new outreach strategy will also feature a “crypto Twitter-native voice.”

“We developed a new vision for the Balancer brand that we’re very excited about, said Jeremy Musighi, CEO of Orb Collective. “Along with that, we have been making some changes to the marketing team personnel to make sure that we have the right people in place to execute this new vision.”

The news comes as the protocol also faces broader market pressure.

Last month, Balancer’s team revealed the protocol had exposure to the Euler Finance exploit, losing $11.9 million worth of tokens from its liquidity pools during the hack. Months earlier, the protocol also experienced a read-only reentrancy bug disclosure, which deactivated protocol fees for a significant number of the protocol’s pools, causing the platform to miss out on revenue opportunities when cryptocurrency markets were heating up in January.

See also  Instadapp introduces lending protocol Fluid in testing phase, aiming for January release

Ahead Balancer budget Cuts DeFi Experiences Headcount Pivot Protocol Slashes strategy
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Kicks Off a Huge Week: More Gains Ahead

2025-07-14

Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

2025-07-10

What Is DeFi Staking? Everything You Need to Know

2025-07-07

Cardano & Polkadot’s Bitcoin Strategy: ADA & DOT To Pump?!

2025-06-26
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Altcoins

Bitcoin Price Starts Recovery But Can Bulls Clear This Hurdle?

2023-08-24

Bitcoin price started a recovery wave above the $26,250 resistance. BTC could gain bullish momentum…

Learn About Crypto

cat in a dogs world (MEW) Price Prediction 2024 2025 2026 2027

2024-04-03

cat in a dogs world Overview cat in a dogs world Price Change 24h 55.73%…

Regulation

Bank of England Deputy Governor tells treasury committee CBDC could have “could have huge benefits for the economy and society”

2023-02-28

Ad“We have made a lot of progress on financial inclusion in the last number of…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Why Did Bitcoin and Crypto Dump Today?

2025-07-23

Historic Crypto Approval = New Bitcoin High Soon

2025-07-22
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 117,608.51
ethereum
Ethereum (ETH) $ 3,742.53
xrp
XRP (XRP) $ 3.15
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 783.86
solana
Solana (SOL) $ 186.19
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.236432
staked-ether
Lido Staked Ether (STETH) $ 3,738.07
tron
TRON (TRX) $ 0.317672
bitcoin
Bitcoin (BTC) $ 117,608.51
ethereum
Ethereum (ETH) $ 3,742.53
xrp
XRP (XRP) $ 3.15
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 783.86
solana
Solana (SOL) $ 186.19
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.236432
staked-ether
Lido Staked Ether (STETH) $ 3,738.07
tron
TRON (TRX) $ 0.317672