Post #2249

Lido considering a $20M buyback. Up to 10,000 stETH → buying LDO ≈ 8% of circulating supply At the same time: LDO/ETH ratio at ~0.00016, which means ~70% below historical levels. Protocol still dominates liquid staking, revenue intact, usage there, price got nuked with the rest of ETH beta. My take: this is a classic “fundamentals vs sentiment” setup. If DAO steps in to absorb supply here, insiders will see value where market sees dead weight.