Lido Proposes Development Of NEST Mechanism For LDO Buybacks
Decentralized finance (DeFi) platform Lido Finance, which gives liquid staking options for proof-of-stake blockchains equivalent to Ethereum, has put ahead a proposal in regards to the approval and additional exploration of a NEST modular mechanism. The mechanism, when provided with stETH, permits these tokens to be exchanged for LDO by STONKS, with the ensuing LDO…
