# Utilizing Market Opportunities: stETH / LDO trade

**URL:** <https://research.lido.fi/t/utilizing-market-opportunities-steth-ldo-trade/11358>\
**Category:** Proposals\
**Created:** [March 27, 2026, 2:41pm UTC](https://research.lido.fi/t/utilizing-market-opportunities-steth-ldo-trade/11358 "2026-03-27T14:41:43Z")\
**Posts on this page:** 1\
**Showing post:** 92

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**Author:** ![Aksusarya.eth](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/aksusarya.eth/32/7069_2.png) [@Aksusarya.eth](https://research.lido.fi/u/Aksusarya.eth)\
**Post date:** [August 27, 2026, 4:40pm UTC](https://research.lido.fi/t/utilizing-market-opportunities-steth-ldo-trade/11358/92 "2026-08-27T16:40:53Z")

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After community call I see absolutely no point in holding LDO.

Zero utility.

Zero buybacks.

Meanwhile, other protocols actually look out for their holders:

ENA — pure buybacks

ETHFI — pure buybacks

AAVE — pure buybacks

Meanwhile Lido team imposes restrictions, lowers thresholds, and sets up triggers for launch.

So, I fully support this proposal :

> [@Accountability question for Lido Labs leadership](https://research.lido.fi/t/accountability-question-for-lido-labs-leadership/11830):
>
> I’m a long-term LDO holder. I want to raise an uncomfortable but legitimate governance point. In 2026, on every metric the DAO itself chose, performance has deteriorated: • Market share: 23% → 20.8%, all-time-high stake (9.78M ETH) not reclaimed • Revenue: daily protocol revenue fell from ~$153K to ~$69K • LDO trades at a market cap below ETHFI, a competitor with 1/5 our TVL • NEST has triggered zero days since launch; the accumulation program spent ~20% of its budget in five months I unde…

and am ready to put it to a vote and rally users and LDO holders to support it.

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_[View the full topic](https://research.lido.fi/t/utilizing-market-opportunities-steth-ldo-trade/11358)._
