The current support rate for Lido's proposal on LDO buyback has reached 100%, with the deadline set for September 30.

On September 26, according to the Snapshot page, Lido has launched the modular system proposal NEST regarding the use of stETH from the treasury to repurchase LDO, and voting is currently underway with a 100% approval rate. The deadline is September 30. The first practical version of this proposal is expected to go live in December 2025, paving the way for future buyback mechanisms. In addition, NEST is a module extension of STONKS, designed to simplify the exchange between stETH and LDO, with LDO automatically sent to the LidoDAO treasury. The proposal only covers the development of NEST, and activation will require a separate on-chain vote. If the proposal passes, further research, scheduling, and detailed design will follow. Core contributors will further discuss the buyback mechanism.