BAL supply is growing at 5.8% annually, below inflation in several economies.
Well within normal marketing or R&D budget parameters for a growth-stage protocol.
The proposed revamp is a supply-side shock intervention against 5.8% inflation.
That’s chemotherapy for a cold.
What BAL needs is demand creation, not supply-side intervention.
Emissions directed to productive V3 pools ARE demand creation
They seed routing depth that generates volume, fees, and the fundamental demand for BAL that drives re-rating.
Cutting supply doesn’t create a single dollar of new volume.
Under my alternative proposal, Aura retains its function, reformed, constrained to V3 ERC-4626 pools, but alive.
Emissions directed to productive V3 pools. Productive pools on Steroids.
The full proposal is here: Balancer forum alternative BIP