Snapshot vote ended
The Authorize LDO Accumulation Program for up to 10,000 stETH Snapshot has reached a quorum and completed successfully!
The results are:
For: 64.5M LDO
Against: 5.5M LDO
Winning option: For
1 Like
In accordance with the approved proposal, the Growth Committee is publishing the execution parameters for Batch #1 ahead of the Easy Track motion.
Parameters
| Parameter | Value |
|---|---|
| Batch Size | 1,000 stETH |
| Execution Window | ≤ 45 calendar days until May 29, 2026 |
| Price Cap (LDO/ETH) | 0.000163 |
Per the proposal framework, following a 2-day forum publication period, the Growth Committee will initiate an Easy Track motion with a 3-day objection window. Tokenholders may object to the motion during this period.
8 Likes
Buybacks wiil.be every 50 days? Why haven’t there been any updates for over a month?
Or we need 500 day to make all buybacks?
2 Likes
30 may
Where any updates?
When next buybacks?
2 Likes
Post Execution Report Batch 1
Batch 1: 1,000 stETH at LDO/ETH 0.000163
Execution Statistics
volume weighted av. LDO/ETH execution ratio (before fees): 0.0016159
volume weighted av. LDO/USD execution price (before fees): $0.36
LDO acquired (after fees) | 1. Batch: 4,501,320.43
Used Budget | 1. batch (stETH): 725.69
Residual Budget | 1. batch (stETH): 274.31
Total Available Budget under the Program (stETH): 9,274.31
Tx Hash returned LDO: 0x2afdd44fd9e652a895519a038b4b5134bee517405fa61f5ab47d3b02adc301b0
LDO/ETH ratio over execution period (April 21, 2026 - May 29, 2026), source Coingecko
Overall, 1. Batch was executed within the the given Price Cap. On an individual trade level, some trades have been executed up to 1.95% above the Price Cap but overall within the 3% Slippage Threshold.
3 Likes
For the residual budget from 1. Batch, the Growth Committee proposes the following:
Updated Execution Parameters Batch 1
| Parameter | Value |
|---|---|
| Residual Budget Batch 1 | 274.31 stETH |
| Execution Window | ≤ 13 calendar days until June 14, 2026 |
| Price Cap (LDO/ETH) | 0.000163 |
Tokenholders can object these updated execution parameters by indicating their veto on the forum and making improvement suggestions by June 3, 2026, 23:59:59 UTC time. Upon objection, the Residual Budget from Batch 1 is returned to the Lido DAO treasury and parameters for a second batch will be published by the Growth Committee that can be objected via Easy Track.
5 Likes
Nice
So we need ~2 years to make all buybacks?
4 Likes
It is obvious that this is not enough! LDO is worth ETH0.0001567. you just burn stEth!
3 Likes
would appreciate having more constructive discussion/feedback.
5 Likes
I think the dao should act in all regards with urgency in mind which is non seen (except kelp accident) it’s been 3 month till proposal was published and only 7% of budget executed.
Not saying we should go all in but with same pacing the gap will only accelerate
6 Likes
When this will continue? Do we have transparent on the roadmap or just keep it private?
2 Likes
Post Execution Report Updated Execution Parameters for Batch 1
Batch 1 (extended): 1,000 stETH (remaining budget 274.31 stETH) at LDO/ETH 0.000163
Execution Statistics
volume weighted av. LDO/ETH execution ratio (before fees): 0.0015962
volume weighted av. LDO/USD execution price (before fees): $0.26
LDO acquired (after fees) | 1. Batch (updated): 1,715,992.40
Used Budget | 1. batch - updated (stETH): 274.31
Residual Budget | 1. batch (stETH): 0 Total Available Budget under the Program (stETH): 9,000
Tx Hash returned LDO (acquired) & stETH (yield): 0xa9e9c9cf6515ca68f08e665f7263fe15fb791ccc18b22882bb449a7f1aca9eca
Overall, extended 1. Batch was executed within the the given Price Cap. On an individual trade level, some trades have been executed up to 0.32% above the Price Cap but overall within the 3% Slippage Threshold.
3 Likes
Proposal: Utilizing Market Opportunities: stETH / LDO trade Snapshot: Snapshot Vote
In accordance with the approved proposal, the Growth Committee is publishing the execution parameters for Batch #2 ahead of the Easy Track motion.
Parameters
| Parameter | Value |
|---|---|
| Batch Size | 1,000 stETH |
| Execution Window | ≤ 45 calendar days until July 27, 2026 |
| Price Cap (LDO/ETH) | 0.000156 |
The ratio was set lower than the first Batch considering the current market environment and aftermath of the Kelp incident.
Per the proposal framework, following a 2-day forum publication period, the Growth Committee will initiate an Easy Track motion with a 3-day objection window. Tokenholders may object to the motion during this period.
3 Likes
Have you agreed to lower the ratio with the community?
3 Likes
R u seriously make buybacks every ~50 days? So we need ~2 years to make buybacks on 10000 stETH?
I don’t see any point in producing them at all, there will be no benefit from them.
1 Like
Setting e.g. a high ratio cap to clear a batch quickly would trade away the program’s edge. A high cap only buys speed by paying up, which forfeits the discount that justifies the trade in the first place, and in liquidity this thin it means walking the LDO price up and handing a front-runnable bid to the market. The cap and the execution window are the discipline that keeps Lido DAO from overpaying, and as such are set rather conservative. The mandate also sets a ceiling, not a target, so it stays responsive without drawing down the treasury faster than conditions warrant.
The execution window is set as an outer bound, not a target schedule. It’s calibrated to allow patient filling in thin liquidity without telegraphing a deadline that front-runners could trade against. Batches will often fill well inside the window when liquidity appears at or below the cap; the window exists to preserve flexibility, not to pace spending toward the full batch.
The deliberate part is keeping the precise calibration of these parameters discretionary to permit the Growth Committee to respond to conditions and avoid the execution being gamed. This balances two forces: acting on the mandate it was given, under the conditions available at the time, while protecting its trades from front-running. Transparency therefore has to strike the balance between enough for tokenholders to hold execution accountable, but not so much that it hands the market a roadmap and erodes the result and the Growth Committee is amenable to suggestions on where that balance can be improved.
In addition, Easy Track is the community alignment tool. Every batch drawdown carries per-batch objection rights, hence tokenholder oversight is continuous and on-chain.
2 Likes
LDO/Eth is down 92%, 2-year median of 0.00043 which is considered a fair value by the labs (if i understood correctly)
Saying we are afraid to overpay at 0.000163 is mind blowing
3 Likes
Provided that LDO acquired is kept in Lido treasury, there will be an effect since circuiting supply will go down.
Okay,what effect we must see when will be buybacked only ~20m ldo (1/50 of supply)???
About NEST now i dont saying,coz it will be activate nobody knows when.
While they’re afraid to buy for $2m, whales selling $6m. What are we even talking about?
Until LDO adds new features (staking, profit sharing), nothing will happen.
These buybacks are just a form of frantic activity to keep the community quiet. And LDO holders have been losing money for four years.