Lido DAO proposes a dynamic buyback of up to 70% for $LDO
With over $145M in stables and stETH sitting idle, the DAO is looking to return value to holders.
These assets generate no revenue. Time to put them to work.
The proposal:
• 70% of NEW incoming assets → $LDO buybacks
• 30% retained for ops & strategy
Why like this?
To ensure the DAO doesn't run out of development money.
There are some 'safeguard thresholds' the DAO should not cross.
- If Treasury sits between $50M and $85M, buybacks drop to 50%.
- If the liquid treasury falls below $50M, buybacks stop.
Great to see a DeFi giant being serious about longterm token value.
Still needs to be discussed and voted by the DAO.
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Current treasury assets:
• $17M USDC
• $11.9M USDT
• $12.2M DAI
• 28,640 stETH (~$105M)
I hope to support the proposal as an Lido DAO delegate.
If you hold LDO, consider delegating to me:
0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0
I like this comparison of other buy back programs.
Could've shared $FLUID model too:
After $10M yearly revenue, buybacks start but with decreasing intensity as $FLUID price pumps.
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