Ethereum staking solution provider Lido has proposed a staking mechanism for its native LDO token to enhance utility and financial sustainability. The program would allow token holders to stake LDO for a share of Lido’s future earnings, with rewards paid out weekly but subjected to a 6-month vesting period. The proposal also introduces a new minimum limit for Lido’s insurance fund.
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Lido DAO Proposal: Boost LDO Value with Staking, Buybacks & Revenue Sharing – A Balanced Analysis
A proposal submitted by lidomaxi aims to increase Lido’s native governance token, LDO’s utility by introducing staking, buyback programs, an insurance fund for Lido DAO, and a revenue-sharing parameter. This development could potentially revamp LDO, but concerns regarding complexity and impact on other token holders remain.