The post Could Lido’s Ambitious Buyback Turn the Tide for Lido Token Holders? appeared on BitcoinEthereumNews.com. Lido, a heavyweight in Ethereum’s liquid stakingThe post Could Lido’s Ambitious Buyback Turn the Tide for Lido Token Holders? appeared on BitcoinEthereumNews.com. Lido, a heavyweight in Ethereum’s liquid staking

Could Lido’s Ambitious Buyback Turn the Tide for Lido Token Holders?

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Lido, a heavyweight in Ethereum’s liquid staking milieu, is stirring conversations with a fresh strategy directed at its community. In a bid to address the “historically low” valuation of its governing token, LDO, Lido proposes deploying up to 10,000 stETH—valued approximately at $20 million—to initiate a substantial buyback plan.

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Source: https://en.bitcoinhaber.net/could-lidos-ambitious-buyback-turn-the-tide-for-lido-token-holders

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