Lido plans to implement automatic buybacks using LDO/wstETH liquidity

Lido community member steephouse has suggested a design for an LDO/wstETH position on a Uniswap v2-style LP, with parameters tied to ETH price and revenue metrics.

The proposal allocates 50% of excess revenue for buybacks, with a cap of 10,000,000 USD over 12 months, starting only when ETH rises above 3,000 USD.

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