benmo.eth
benmo.eth|Aug 15, 2026 05:15
As an old DeFi protocol, LDO has finally launched an auto-buyback. The buyback mechanism is similar to MKR (Sky). Instead of burning, the buybacks are used to form LP and re-enter the pool. At the same time, the set buyback threshold is really high, and the buyback intensity and ratio are much lower than MKR. The only upside worth mentioning is: it's still better than the previous pure governance token model. Buyback proposal:
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