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Lido's LDO token dips below $0.40 amid buyback pause tied to staking revenue thresholds

Protocol Fundamentals
23 Oct 2026
Tokenpost
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Bearish
Lido's LDO token dips below $0.40 amid buyback pause tied to staking revenue thresholds

Lido DAO's governance token, LDO, traded below $0.40, currently at $0.3876, reflecting a slight 0.59% drop over 24 hours. The token's buyback mechanism, NEST, which uses staking revenue to repurchase LDO, is paused because revenue fell below the set baseline of $40 million annually. NEST limits daily and yearly buybacks and only resumes purchases once revenue surpasses the baseline and clears any shortfalls. Discussions are ongoing about potentially adjusting NEST's revenue threshold in line with the 2027 budget, but no policy changes have been approved yet.

Lido DAO's LDO token is trading at Rp7,041 on Pluang, down 0.96% in the last 24 hours. The market cap stands at Rp5.81 trillion with a balanced order activity of 50% sell and 50% buy as of Oct 23, 2026 19:12 WIB.

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