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Lido DAO Proposal: Proposed Buyback of LDO with 10,000 stETH Treasury Funds

2 hours ago

On March 27, the Lido Ecosystem Operations team published a proposal on the community forum requesting authorization for the Lido Growth Committee to use up to 10,000 stETH from the treasury to purchase LDO. The proposal notes that the LDO/ETH exchange rate is currently at a historical low of ~0.00016—representing a ~63% discount to its two-year median and a disconnect from the protocol’s fundamentals. The plan will be executed in batches via the Easy Track mechanism, with each batch capped at 1,000 stETH. Execution channels include on-chain platforms (CoW Swap, 1inch, Uniswap) and centralized exchanges. Transaction slippage will be kept within 3%, and all acquired LDO will be returned in full to the treasury.
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