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The new proposal from Lido aims to introduce an LDO staking module and a buyback plan, allowing users to stake LDO to receive a portion of Lido DAO's revenue distribution

2023-05-18 09:11:00

ChainCatcher news, the liquid staking protocol Lido community has released a new proposal, planning to introduce the LDO staking module and buyback plan, allowing token holders to stake LDO in exchange for a portion of Lido DAO's revenue (through the LDO buyback and distribution plan), which includes distributing 20-50% of future Lido DAO revenue (specific parameters based on governance decisions) to LDO stakers weekly through the buyback and distribution mechanism. (source link)

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