Odaily Planet Daily report: Lido Finance has officially launched on-chain voting for the NEST automated buyback mechanism. The main voting window runs from August 5 to August 8, 14:00 UTC. NEST is an automated, rule-based on-chain mechanism that directly links Lido Protocol performance to the LDO token; its design and parameters were approved via Snapshot voting in May. The core logic of NEST is to systematically repurchase LDO tokens on decentralized markets using protocol revenue or protocol-controlled liquidity, thereby continuously capturing protocol value growth at the token level. Implementation will focus on the LDO-wstETH liquidity pair, with detailed execution specifics continuously updated on the community forum. If this on-chain vote passes, Lido will transition from periodic, governance-driven buyback schemes to a continuous, predictable automated value distribution model.
Lido DAO Launches On-Chain Vote for Automated NEST Repurchase Mechanism
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Summary
Lido DAO has launched an on-chain governance vote for the NEST automated repurchase mechanism. Voting runs from August 5 to August 8, 2026, UTC. NEST is a rule-based protocol update that links Lido’s performance to LDO tokens by using protocol revenue or liquidity to repurchase LDO, capturing value growth. The plan focuses on LDO and wstETH liquidity pairs. Further details will be posted on the community forum. If approved, Lido will transition to a continuous, automated value distribution model.
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