Lido's proposal suggests using up to 10,000 stETH to buy LDO.

PANews reported on March 27th that, according to the Lido Governance Forum, the ecosystem operations team proposed authorizing the Growth Committee to use up to 10,000 stETH from the DAO treasury to purchase LDO in batches under current market conditions. The proposal states that the LDO/ETH exchange rate is approximately 0.00016, a discount of about 63% compared to the two-year median of 0.00043, indicating a disconnect from the protocol's fundamentals. The transactions will be executed in batches via Easy Track, with a maximum of 1,000 stETH per batch, slippage controlled within 3%, and the purchased LDO will be returned to the treasury. An execution report will be published after each batch is completed.

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Author: PA一线

This content is for market information only and is not investment advice.

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