Lido Proposes $1.5M LDO and $480K USDC Market Making Budget to Mitigate CEX Delisting Risks

A proposal on the Lido governance forum seeks to authorize a conditional market-making program to reduce the risk of LDO being delisted from centralized exchanges due to insufficient liquidity. The plan includes a budget of up to $1.5 million in LDO and $480,000 in USDC for service fees and costs over 12 months. The authorization would only be triggered if the Lido Growth Committee determines that liquidity is inadequate. Data shows LDO's average daily trading volume has declined to approximately $34 million over the past 90 days.