Lido DAO launched its NEST automated LDO buyback mechanism on mainnet on August 14, 2026. The system automatically purchases LDO tokens when annual staking revenue exceeds a 40 million dollar threshold, allocating 50% of the surplus to buybacks via CoW Swap. Daily purchases are capped at 50,000 dollars with an annual ceiling of 10 million dollars. All acquired tokens are deposited in the DAO treasury in treasury-only mode. Governance approved the mechanism unanimously via an on-chain vote, and LDO price surged over 5% on August 5, 2026, the day the vote began.
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