Lido Votes Buyback Using 10000 stETH

Lido DAO is voting on a $20M buyback using 10,000 stETH. The lido votes buyback aims to repurchase LDO on the open market.

Lido DAO's Buyback Proposal

The proposal, submitted on March 27, frames the move as a response to the severe price dislocation between LDO and Ethereum. At around $0.31, LDO sits near launch-era lows, with the LDO/ETH ratio 63% below its two-year median and the token down 96%.

Buyback Rationale and Execution

The logic behind the proposal rests on how far the token has fallen. Lido staking and liquid staking have not protected the token, with revenue falling 23% year over year in 2025. The buyback is designed to look measured rather than dramatic, with the Lido Growth Committee buying in stages instead of trying to shock the market with one large order.

Target and Method

The target is about 70 million LDO, equal to roughly 8.5% of circulating supply. The committee is expected to use limit orders or dollar-cost averaging to reduce market impact.

Key Takeaways

• The Lido DAO is voting on a $20M buyback using 10,000 stETH to repurchase LDO on the open market.
• The buyback aims to set a floor for the token, which has fallen 96% from its all-time high.
• The proposal is part of the DAO's efforts to address the severe price dislocation between LDO and Ethereum.
• The buyback is designed to be executed in a measured and staged manner to minimize market impact.

Frequently Asked Questions

What is the purpose of the Lido DAO buyback?

The purpose of the buyback is to set a floor for the LDO token and address the severe price dislocation between LDO and Ethereum.

How will the buyback be executed?

The buyback will be executed in a staged manner, with the Lido Growth Committee using limit orders or dollar-cost averaging to reduce market impact.