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Lido Launches $10M LDO Buyback – But NEST May Remain Idle Until…
Daily staking revenue has stayed below $100K and could delay the impact of the buyback program.
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4 Articles
Lido DAO taps NEST buyback program to revive token performance
Lido DAO has released a detailed overview of NEST, the automated program it is building to buy back its own LDO governance token. The program is a direct response to LDO’s token, which has lost more than 95% of its value since 2021. What is Lido’s NEST? The Network Economic Support Tokenomics (NEST) program is Lido DAO’s long-term solution to the growing distance between what the protocol earns and what its token is worth, which it has been w…
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