On September 26th, the Snapshot page shows that Lido has now launched NEST, a modular system proposal on the use of stETH to repurchase LDOs from the treasury, and is currently voting. The current approval rate is 100%, and the deadline is September 30th. The first practical version of the proposal is expected to go live in December 2025, paving the way for future repurchase mechanisms.
In addition, NEST is a module extension of STONKS, designed to simplify the exchange between stETH and LDOs, which will be automatically sent to the LidoDAO treasury. The proposal only covers the development of NEST, and activation requires a separate on-chain vote. If the proposal is passed, subsequent research, timeline and detailed design will be carried out. Core contributors will further discuss the repurchase mechanism.
Lido's proposal on LDO repurchase is currently supported by 100%, and the deadline is September 30
2025-09-26 11:08:20
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