BlockBeats news, on March 27, the Lido ecosystem operations team released a proposal in the community forum, seeking authorization for the Lido Growth Committee to use up to 10,000 stETH from the treasury to purchase LDO.
The proposal states that the LDO/ETH exchange rate is currently at a historical low of approximately 0.00016, representing a discount of about 63% compared to the two-year median, indicating a disconnection from its protocol fundamentals. The plan will be executed in batches through the Easy Track mechanism, with a cap of 1,000 stETH per batch. Execution channels include on-chain platforms (CoW Swap, 1inch, Uniswap) as well as centralized exchanges. Trading slippage will be controlled within 3%, and all acquired LDO will be returned to the treasury.
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