Lido DAO proposes a dynamic buyback of up to 70% for LDO With over 145M in stables and stETH sitting idle, the DAO is looking to return value to holders. These assets generate no revenue. Time to put them to work. The proposal: • 70% of NEW incoming assets → LDO buybacks • 30% retained for ops & strategy Why like this? To ensure the DAO doesn't run out of development money. There are some 'safeguard thresholds' the DAO should not cross. - If Treasury sits between 50M and 85M, buybacks drop to 50%. - If the liquid treasury falls below 50M, buybacks stop. Great to see a DeFi giant being serious about longterm token value. Still needs to be discussed and voted by the DAO. ---- Current treasury assets: • 17M USDC • 11.9M USDT • 12.2M DAI • 28,640 stETH (~105M) I hope to support the proposal as an Lido DAO delegate. If you hold LDO, consider delegating to me: 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0(Ignas | DeFi)