Lido plans 8.5% LDO supply buyback to fix ‘price dislocation’ – Details
Ethereum’s [ETH] leading staking platform, Lido, has proposed a ‘one-off’ plan to buy back about 8.5% of the LDO circulating supply.The proposal calls for funding the buyback with 10,000 stETH from...
Source: cryptonews.net
Ethereum’s [ETH] leading staking platform, Lido, has proposed a ‘one-off’ plan to buy back about 8.5% of the LDO circulating supply.The proposal calls for funding the buyback with 10,000 stETH from the Lido DAO Treasury. At current prices of $2,000–$2,100 ...
