[RFC] Balancer Joins the $WISE Burn Alliance: Treasury Buy & Burn Integration with an ETH-Floored, Revenue-Generating Token

Governance
1

Hello Balancer community,

I am Peter Girr, founder of the $WISE token and lending protocol. With Balancer Labs now winding down and the protocol transitioning to a lean, DAO-first model with 100% fee capture to the treasury, this is the perfect moment for a strategic, low-risk partnership.$WISE is a fairly launched, ownerless/neutral reserve token with a permanent ETH price floor and real revenue flywheel — ideal for treasury deployment and a buy-and-burn program.

About $WISE

  • Fair Launch & Distribution: Launched November 2020 via a fully open 50-day auction that raised ~57,900 ETH. Zero team allocations, zero VC, zero insiders — I bought on the open market like everyone else. Extremely fair and neutral distribution with no whale wallets (to this day).

  • Ownerless Liquidity: The WISE/ETH Uniswap V2 is the largest on Uniswap and permanently ownerless (LP tokens burned see here: ERC-20 Token | Address: 0x21b8065d...3ced7596e | Etherscan ). This creates deep, rug-proof liquidity at all times.

  • Unbreakable ETH Price Floor: The locked liquidity + daily LP fees create a hard floor in ETH (currently $WISE is within 5% of this floor) that grows over time with protocol revenue. This makes $WISE behave like concentrated ETH exposure with strong downside protection.

  • Real Revenue & Buy & Burn: Wise Lending is finally generating meaningful revenue — currently ~$60,000 per month from World Mobile RWA vaults, and growing on an exponential curve ($400k/month expected by December). The majority of all protocol revenue (90%+) is planned to be used to buy $WISE off Uniswap and permanently burn it, starting this year.

We are actively building the $WISE Burn Alliance with aligned projects to accelerate this mechanism. I propose that the Balancer DAO joins the $WISE Burn Alliance in a phased, fully governance-controlled way:

  1. Phase 1 – Treasury Buy & Burn (conservative start): Allocate a portion of incoming protocol fees (or a fixed treasury amount) to buy $WISE on Uniswap and burn it. This could begin at 10–20% of new revenue streams and scale based on results.

  2. Buyback Program Integration: Use $WISE as part (or all) of the proposed BAL buyback program — either by executing buybacks in $WISE tokens or distributing/supplementing incentives in $WISE. This fits perfectly with the upcoming tokenomics overhaul.

  3. Longer-term Vision (optional Phase 2): Deeper adoption of $WISE as the chosen token of Balancer protocol, shedding baggage from unfortunate past events and identifying with the new narrative of an extremely scarce token and the “Burn Alliance”. (Think HYPE burn model except the token is a hardened ETH reserve instead of dilutive like HYPE is).

No BAL emissions, no new token issuance, and zero dilution for BAL holders. Everything stays fully on-chain and DAO-controlled.

Why This Benefits Balancer

  • Near-zero risk for the treasury: The ETH price floor + permanent deep liquidity + ownerless design eliminates the usual token purchase risks (rugs, team dumps, illiquidity). Any $WISE the DAO buys is strongly ETH-correlated and protected.

  • Powerful revenue flywheel: Balancer is now capturing 100% of fees. Combining this with WISE’s existing and growing revenue creates mutual buy-and-burn momentum.

  • Perfect timing & narrative: Aligns exactly with the Labs shutdown, lean OpCo model, Treasury Council structure, and upcoming tokenomics BIP. Adds a fresh, positive story around real yield, RWA-backed assets, and cross-protocol collaboration.

  • Neutral & fair: $WISE has no team control and excellent distribution — a true community asset.

Next Steps & Call to Action:

I currently hold no veBAL voting power, but I am fully committed to working with the Operator team, Treasury Council, active delegates, and any interested governors to refine this proposal, run numbers, and prepare on-chain payloads if it gains traction.This is the right moment — the Labs transition window is open and the DAO is actively seeking sustainable, revenue-positive models.I welcome all feedback, questions, concerns, or counter-proposals in this thread. Happy to hop on a call or Discord voice chat to walk through anything.Resources

  • Website & App: Wise Lending dot com

  • Full Documentation (Gitbook): https://wisesoft.gitbook.io/wise

  • X/Twitter: Wise_Token

  • Token Contract: 0x66a0f676479cee1d7373f3dc2e2952778bff5bd6

  • Uniswap Pool: Can only post 2 links, but go to Uniswap dot org / explore / pools. (We are #1)

Looking forward to your thoughts!

Best regards,

Peter Girr
Founder, $WISE & Wise Lending