Lido DAO proposes emergency market-making plan with 7.5M LDO and 480K USDC
Lido DAO has proposed a liquidity management plan to provide professional market-making services if LDO trading volume drops or liquidity becomes insufficient. The proposal includes a recallable inventory of up to 7.5 million LDO and 480,000 USDC for service fees. The authorization is valid for two years, with a maximum execution period of 12 months, and is intended solely to maintain liquidity rather than support prices.
Summaries are written by AI from the original article. Not investment advice.