LDO Buyback Proposal Details
Lido’s autonomous organization DAO has put to a vote a one-time $20 million LDO buyback in exchange for 10,000 Lido Staked Ether (stETH) from the DAO treasury to address the “historically low levels” price dislocation of the governance token LDO relative to Ether (ETH). The proposal was submitted on Friday and emphasizes that LDO’s market price is significantly lower than its protocol fundamentals. LDO is currently trading at $0.31, down 95.7% from its August 2021 peak of $7.30, with a market cap of approximately $260 million and ranking as the 141st largest token.
LDO’s price change against ETH since 2024. Source: Lido DAO
LDO is trading 63% below its two-year median ratio of 0.00016 against ETH; despite this, Lido leads the Ethereum liquid staking market with a 23.2% share. The proposal will be executed in batches of 1,000 stETH each using limit orders or dollar-cost averaging strategy to avoid market volatility; each batch will be approved and reported by token holders. In 2025, although protocol revenue fell 23%, rewards decreased 20%, costs dropped 13%, and take rate rose from 5% to 6.1%.
Ethereum network validator share. Source: Dune Analytics
LDO Technical Outlook and Support/Resistances
According to current data, LDO is at the $0.31 level with a -0.42% drop in 24 hours. RSI 50.48 neutral, trend downward and Supertrend giving bear signal. EMA 20: $0.3014.
- Supports: S1 $0.2887 (Strong, -5.84%), S2 $0.3010 (Strong, -1.83%)
- Resistances: R1 $0.3124 (Strong, +1.89%), R2 $0.5240 (Strong, +70.91%)
These levels are critical for LDO futures; buyback approval could push the price to R1.
Source: https://en.coinotag.com/ldo-dao-initiates-20m-buyback-vote
