Altcoins News

Story: Lido DAO Eyes $20M Token Buyback as LDO Crashes 96%

By James Thorp

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Treasury Funds Target Market Stability. The DAO plans to tap its treasury reserves for the buyback cash.

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Community Vote Coming in April. Here's where things get interesting - the whole plan needs community approval first.

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Lido DAO wants back in. The decentralized finance giant just dropped plans for a massive $20 million buyback of its own LDO tokens after watching prices crater nearly 96% from…

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The move comes as LDO trades around $1.25, a brutal fall from glory days when the token commanded much higher valuations.

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The DAO plans to tap its treasury reserves for the buyback cash. We're talking about a war chest that's got around $100 million sitting there, so the $20 million buyback won't…

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Co-founder Vasiliy Shapovalov said they'll do the buyback in phases to avoid shocking the market.

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CEO Alexey Stolyarov jumped in too, pushing transparency and making sure everyone knows what's happening.

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Here's where things get interesting - the whole plan needs community approval first. Lido DAO members get to vote on whether this buyback actually happens, and that vote's…

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Some community members aren't totally sold on the idea. They're worried about what happens to liquidity if Lido starts hoovering up tokens from the market.

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The broader crypto market hasn't exactly been kind lately either. Bitcoin dropped 10% in a single day back on March 15, showing just how wild things can get.

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Analysts are watching to see if the buyback actually moves the needle on LDO's price. Token buybacks can boost prices by reducing supply, but they don't always work - especially…

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And there's more changes coming. Lido DAO announced plans to overhaul its governance model by May 2026, giving individual token holders more voting power.

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LDO has seen a tiny bump since the buyback news broke - up from recent lows but still nowhere near historical highs.

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The timing matters too. Crypto markets have been brutal for most projects over the past year, and even solid performers like Lido haven't escaped the carnage. The 95.

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But Lido's still got that dominant position in Ether staking going for it. That 23.2% market share represents real business and real revenue streams - not just speculative token…

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