Lido Plans to Pre-authorize $1.5 Million for Market Making Budget
2026-09-16 13:50:28
According to CoinMeta, the governance forum proposal for Lido intends to authorize a market-making plan that will draw from a treasury of Lido DAO to provide up to $1.5 million worth of LDO and 480,000 USDC in order to address the issues of insufficient liquidity and delisting risks associated with centralized exchanges. This plan will only be activated when the Lido Growth Committee determines that liquidity is inadequate, and it will expire if not utilized within two years. Over the past 90 days, the average daily trading volume of LDO has been approximately $34 million.
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Source:Internet
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