Lido proposes to perform automatic repos with LDO/wstETH liquidity

On November 11th, according to the Lido Governance Forum, community member steakhouse proposed to deploy LDO/wstETH positions in Uniswap v2 style LP through NEST, repurchase and remove the circulating LDO, and the LP is held by Aragon Agent. The plan sets trigger conditions: ETH price is higher than $3,000, annualized income exceeds $40 million, the distribution is 50% of the part exceeding the threshold, the total price impact of a single execution limit is 2%, and the rolling 12-month cap is $10 million. The current estimate is about $4 million annualized, at least 12 transactions, and each deployment is up to 100 wstETH. The process involves loading NEST through EasyTrack, purchasing LDO with Stonks v2, minting LP with wstETH and returning LP tokens to Aragon Agent.