Lido DAO Votes On Contingent 7.5M LDO Market-Making Mandate

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Lido DAO is putting to a vote a contingent market-making mandate for its LDO token. The proposal authorizes up to 7.5 million LDO, worth a maximum of $1.5 million, along with 480,000 USDC to cover costs. Funds would only be deployed if liquidity on centralized exchanges deteriorates, not permanently. The real goal is to prevent delisting risk from major exchanges, which could further fragment liquidity and make fiat access harder.

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Telemac
Telemachttp://cryptoinfo.ch
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