BTC $62,713.13 -1.27%
ETH $1,870.35 -0.82%
BNB $604.15 -0.84%
XRP $1.00 -0.20%
SOL $75.31 -0.93%
TRX $0.3323 -0.48%
DOGE $0.0693 -0.88%
ADA $0.1790 -2.02%
BCH $203.11 -5.10%
LINK $8.82 +0.54%
HYPE $56.11 -2.40%
AAVE $85.70 -2.65%
SUI $0.6764 -1.84%
XLM $0.1597 -0.29%
ZEC $485.82 -0.65%
BTC $62,713.13 -1.27%
ETH $1,870.35 -0.82%
BNB $604.15 -0.84%
XRP $1.00 -0.20%
SOL $75.31 -0.93%
TRX $0.3323 -0.48%
DOGE $0.0693 -0.88%
ADA $0.1790 -2.02%
BCH $203.11 -5.10%
LINK $8.82 +0.54%
HYPE $56.11 -2.40%
AAVE $85.70 -2.65%
SUI $0.6764 -1.84%
XLM $0.1597 -0.29%
ZEC $485.82 -0.65%

The Lido community has released a new proposal to use 10,000 stETH treasury funds to buy back LDO

2026-03-27 22:59:04

The Lido ecosystem operations team has released a proposal in the community forum, seeking authorization for the Lido Growth Committee to use up to 10,000 stETH from the treasury to purchase LDO.

The proposal states that the LDO/ETH exchange rate is currently at a historical low of approximately 0.00016, which is about a 63% discount compared to the two-year median, indicating a disconnect from its protocol fundamentals. The plan will be executed in batches through the Easy Track mechanism, with a maximum of 1,000 stETH per batch. Execution channels include on-chain platforms (CoW Swap, 1inch, Uniswap) as well as centralized exchanges. The trading slippage will be controlled within 3%, and all purchased LDO will be returned to the treasury.

app_icon
ChainCatcher Building the Web3 world with innovations.