Lido, Ethereum's top staking platform, proposed a one-time buyback of about 8.5% of its LDO token supply using 10,000 stETH worth roughly $20–$21 million. This move aims to address LDO's 70% discount relative to ETH, marking a historic low in its price performance ratio. Despite Lido's strong staking position and operational improvements, LDO has dropped 97% from its 2024 high. The buyback will be executed in small batches across multiple exchanges to avoid market impact. However, recent whale sell-offs of nearly 80 million LDO tokens suggest the altcoin's recovery depends on renewed investor confidence.
Lido Finance has reintroduced its Integrated Fast Swaps feature, allowing users to instantly swap stETH into ETH, USDC, or WBTC via CoWSwap's batch auction system without waiting in Ethereum's traditional withdrawal queue. This feature completes tran...
Ethereum's Pectra upgrade raised the validator balance cap from 32 ETH to 2,048 ETH and introduced native compounding of staking rewards, aiming to reduce validator sprawl and improve efficiency. However, consolidation of validators is progressing sl...
