Lido Launches NEST Automated LDO Buyback Mechanism on Mainnet with $10M Annual Cap
According to Lido, the NEST automated LDO buyback mechanism went live on mainnet on August 15. NEST is a rule-based mechanism that automatically purchases LDO through CoW Swap when DAO staking revenue surplus exceeds $40 million, allocating 50% of the surplus to buybacks. Daily purchase limit is
GateNews·16m ago
