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Details: ht
The proposal "Lido suggests starting LDO buyback" currently has a support rate of 100%.
On September 26, Lido has launched a modular system proposal NEST for repurchasing LDO from the treasury using stETH, and voting is currently underway with a support rate of 100%. The first practical version of this proposal is expected to go live in December 2025, paving the way for future repurchase mechanisms. Additionally, NEST is a modular extension of STONKS, aimed at simplifying the exchange between stETH and LDO, with LDO being automatically sent to the Lido DAO treasury. The proposal only covers the development of NEST, and activation requires a separate on-chain vote. If the proposal passes, further research, timelines, and detailed designs will follow. Core contributors will further discuss the repurchase mechanism.