Lido's automated LDO buybacks remember earlier revenue shortfalls.
Under the NEST launch rules described in Lido's August 14, 2026 overview, 50% of the difference between the DAO's staking revenue and its operating baseline feeds a running budget. If that budget falls below zero, new surplus has to cover the accumulated deficit before it can fund more purchases. A good revenue day can still leave buybacks waiting.
Even with a positive budget, purchases need funding in the contract and remain subject to spending caps. In the launch mode, bought LDO goes to the DAO treasury rather than being burned.
https://blog.lido.fi/ldo-automated-buybacks-overview/
https://github.com/lidofinance/lido-improvement-proposals/blob/develop/LIPS/lip-36.md
#Lido #LDO
Under the NEST launch rules described in Lido's August 14, 2026 overview, 50% of the difference between the DAO's staking revenue and its operating baseline feeds a running budget. If that budget falls below zero, new surplus has to cover the accumulated deficit before it can fund more purchases. A good revenue day can still leave buybacks waiting.
Even with a positive budget, purchases need funding in the contract and remain subject to spending caps. In the launch mode, bought LDO goes to the DAO treasury rather than being burned.
https://blog.lido.fi/ldo-automated-buybacks-overview/
https://github.com/lidofinance/lido-improvement-proposals/blob/develop/LIPS/lip-36.md
#Lido #LDO
