Lido DAO proposes a one-time buyback of $20 million worth of LDO

2026-03-30 00:27:56

Golden Finance reported that on March 30, the Lido DAO ecosystem operations team proposed to use up to 10,000 stETH (approximately $20 million) from the DAO treasury to repurchase LDO tokens, stating that the current valuation is at a historic low.
Based on the current price, this buyback could absorb about 8% of the circulating supply of LDO. This proposal is independent of Lido’s yet-to-be-launched NEST automatic buyback program, which has not been triggered under current market conditions.
LDO fell to a historic low of $0.27 on March 7 and is currently trading at approximately $0.31.

LDO3,85%

STETH1,97%

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