I would like to echo @joey 's message by adding that not only is this partnership an opportunity for Balancer to grow its TVL by likely billions with Fei PCV, but also (and maybe even more importantly) that this will set a precedent for other DAOs and protocols to use Balancer in a similar way.
This is exactly the direction I was hoping for Balancer to take.
We should not see partners holding BAL long term as a conventional cost/expense for our ecosystem fund, this should be seen as an opportunity to have key partners like Fei staked in Balancer and interested in using and working with us more and more (e.g. possible future migration of Fei from Uni V2 to us).