Gate News updates,March 28,Lido ecosystem operating team published a proposal on the community forum,seeking authorization for the Lido Growth Committee to use the treasury to purchase up to 10,000 stETH with LDO. The proposal notes that,the LDO/ETH exchange rate is currently at an all-time historical low of about 0.00016,representing a discount of roughly 63% versus the two-year median,which is disconnected from its protocol fundamentals. This plan will be executed in batches via the Easy Track mechanism,with each batch capped at 1,000 stETH. Execution channels include on-chain platforms (CoW Swap, 1inch, Uniswap) and centralized exchanges. Trade slippage will be kept within 3%,and all purchased LDO will be returned to the treasury.
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