BlockBeats News, September 26th, Lido has now launched Proposal NEST, a modular system for repurchasing LDO from the Treasury using stETH, which is currently under vote with a 100% approval rate. The first practical version of this proposal is expected to go live in December 2025, paving the way for a future buyback mechanism.
Furthermore, NEST is an extension module of STONKS designed to streamline the exchange between stETH and LDO, with LDO being automatically sent to the Lido DAO Treasury. The proposal only covers the development of NEST, with activation requiring an additional on-chain vote. If the proposal is approved, further research, a timeline, and detailed design will follow. Core contributors will delve into the buyback mechanism.

