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CryptoMediumUpdated×2•Originally published 29 March 2026•Updated 30 March 2026•

1 min read

Lido DAO Considers $20M Token Buyback Following 96% Price Collapse

Key Facts

1Lido DAO has formally approved a $60 million operating budget for 2026.

2 months ago

Version History

11 additional sources confirmed this story

Version 22 months ago

What changed: Added technical details regarding the 10,000 stETH funding source and the potential use of centralized exchanges for execution due to liquidity constraints in DeFi.

Version 12 months ago

What changed: Updated the story to include a new $20 million token buyback proposal following a 96% collapse in the LDO token price.

Lido DAO has previously approved a $60 million operating budget for its 2026 strategic expansion, but recent market volatility has prompted new defensive measures. A proposal was submitted to the community seeking to repurchase $20 million worth of LDO tokens from the open market following a 96% price collapse. New technical details reveal that the buyback will be funded using up to 10,000 stETH from the protocol's treasury. Furthermore, the execution strategy may involve routing purchases through centralized exchanges (CEXs) due to thin liquidity currently available on decentralized platforms. This initiative aims to provide price support alongside existing plans to diversify into institutional-grade DeFi products. Analysts suggest this shift reflects the protocol's attempt to balance long-term growth ambitions with immediate capital preservation strategies during the current liquidity crisis.