The Lido community has released a proposal to use 10,000 stETH from the treasury to buy back LDO.
The Lido ecosystem operations team proposed to authorize the use of up to 10,000 stETH to purchase LDO, as the LDO/ETH exchange rate is sluggish. The plan is to execute this in batches through Easy Track, ensuring that the transaction slippage is kept within 3%. The acquired LDO will be returned to the treasury.
GateNews·2h ago