Lido has pledged more than 20,000 ETH in the treasury, becoming the 13th largest stETH holder

Tom Wan, an on-chain data analyst at 21.Co, the parent company of 21 Shares, posted on Twitter that Lido Finance has implemented Proposal 161, staking all ETH (approximately 20,300) in the treasury and converting it into stETH.
The current treasury ratio of Lido Finance is: stETH accounts for 20.7% (worth about 63 million US dollars), LDO accounts for 75.7% (worth about 231 million US dollars). The account balance (including LDO) is about 304.7 million US dollars, and the balance excluding LDO is about 72.5 million US dollars.
Lido Finance has now become the 13th largest stETH holder, holding a total of approximately 33,000 stETH.
As previously reported, on July 1, the Lido community's proposal to "stake 20,000 ETH in the protocol treasury in Lido" was voted through. It is reported that the proposal aims to create productive assets to offset operating costs. Based on the current rate of return (about 4%-6% per year), it is expected that if the Lido protocol stakes the current 20,000 ETH holdings, it will earn an additional $2 million per year.