BlockBeats News, September 26th – Lido has now launched Proposal NEST, a modular system for using stETH to buy back LDO from the treasury, currently in the voting phase with a support rate of 100%. 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 simplify 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 a separate on-chain vote. If the proposal is approved, subsequent research, timelines, and detailed design will follow. Core contributors will further discuss the buyback mechanism on the forum.
