Lido DAO has proposed a one-time buyback of up to 10,000 stETH, valued at about $20 million, to accumulate its governance token LDO. This move aims to address a significant undervaluation, as LDO is trading roughly 63% below its two-year median against Ether and down nearly 96% from its all-time high. The buyback would be executed in batches with token holder approval for each tranche to minimize market impact. Despite a 23% revenue drop projected for 2025, Lido maintains strong core performance, and the DAO believes the token's low price does not reflect its underlying fundamentals.
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...
