Lido DAO proposes a one-time $20 million buyback of LDO tokens, as the token price hovers near historical lows.

2026-03-29 21:08:48

Golden Finance reported that on March 30, the Lido DAO ecosystem operations team proposed using up to 10,000 stETH (about $20 million) from the DAO treasury to repurchase LDO tokens, saying 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 NEST automated buyback plan that has not been initiated yet; under current market conditions, it still has not been triggered.
On March 7, LDO fell to a historical low of $0.27, and it is currently trading at about $0.31.

LDO-2,21%

STETH-0,56%

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