Lido DAO proposes phased LDO buyback using 10,000 stETH from treasury
Lido DAO proposes phased LDO buyback using 10,000 stETH from treasury
Lido DAO has proposed a one-off buyback of up to 10,000 stETH, about $20M, to accumulate LDO amid what it calls a significant valuation gap.The token is trading roughly 63% below its two-year median against Ether and remains down 95.9% from its all-time high.