As Balancer DAO’s treasury manager, kpk is fully supportive of the proposed establishment of “Balancer Business” as a formal legal entity under the Balancer OpCo structure.
This setup is consistent with best practices we’ve observed across leading DeFi ecosystems, where maturing protocols have transitioned to more structured legal and operational frameworks. Similar models—such as those adopted by CoW DAO and Lido, for example—demonstrate how this structure enhances long-term sustainability without compromising DAO governance.
We view this step as a necessary evolution for Balancer, providing the legal and operational robustness required to support a more efficient and resilient ecosystem. kpk is supportive of this direction and committed to collaborating through this transition, ensuring treasury management continues to serve the best interests of Balancer DAO.