The proposal "Lido suggests starting LDO buyback" currently has a support rate of 100%.

robot
Abstract generation in progress

On September 26, Lido has launched a modular system proposal NEST for repurchasing LDO from the treasury using stETH, and voting is currently underway with a support rate of 100%. The first practical version of this proposal is expected to go live in December 2025, paving the way for future repurchase mechanisms. Additionally, NEST is a modular extension of STONKS, aimed at simplifying the exchange between stETH and LDO, with LDO being automatically sent to the Lido DAO treasury. The proposal only covers the development of NEST, and activation requires a separate on-chain vote. If the proposal passes, further research, timelines, and detailed designs will follow. Core contributors will further discuss the repurchase mechanism.

LDO-3.88%
STETH-1.6%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)