Lido DAO has proposed a governance plan to conduct phased repurchases of LDO tokens in response to market downturns, with a maximum allocation of 10,000 stETH, approximately worth 20 million USD. The proposal indicates that the LDO price has significantly diverged from the protocol's fundamentals; the repurchase aims to provide short-term price support, demonstrate management capability, and reassure investors. Stakeholders are advised to monitor the progress of the repurchase and market reactions.

The Lido ecosystem operations team proposed to authorize the use of up to 10,000 stETH to purchase LDO, as the LDO/ETH exchange rate is sluggish. The plan is to execute this in batches through Easy Track, ensuring that the transaction slippage is kept within 3%. The acquired LDO will be returned to the treasury.

The Lido ecosystem operations team has proposed to use up to 10,000 stETH from the treasury to purchase LDO, as its exchange rate is below the historical median of 63%. The plan will be executed in batches to control slippage within 3%, and all acquired LDO will be returned to the treasury.

The Lido Growth Committee proposed to authorize the use of up to 10,000 stETH to purchase LDO, taking advantage of the current historically low LDO/ETH ratio. The proposal also outlines the execution mechanisms and risk management plans, aimed at enhancing yields and protecting DAO assets.

Lido's 2025 annual report shows that amid APR compression, capital outflows, and intensifying competition, its total revenue declined 18.2% year-over-year. Its ETH staking market share stands at 24.12%. The report also mentioned leadership adjustments and plans to focus in 2026 on scaling the stETH product line, building the validator market, and aligning LDO incentives.

Gate News reports that on March 16, according to Onchain Lens monitoring, a certain OTC whale address "0xfb7" transferred 12,000 ETH (approximately $27.43 million) to FalconX and transferred 330 cbBTC to a certain CEX, suspected to be preparing to sell in order to repay loans. Currently, the whale holds: 3,670 cbBTC (approximately $273.56 million), 120,380 stETH (approximately $276.7 million), and 17,753 WETH (approximately $40.76 million).

Justin Sun currently holds 156,514 stETH, valued at approximately $330 million, ranking fifth among Ethereum institutional holdings, but facing a floating loss of $25.83 million. Over the past three years, he has realized profits of approximately $200 million through ETH trading.

Gate News bot message, OTC whale "0xfb7" transferred 23,500 $ETH ($47.47M) into CEX for sale and loan repayment. The whale currently holds 4,000 $cbBTC ($269M), 120,380 $stETH ($243.27M), and 29,727 $WETH ($60.16M). The whale has borrowed $97.26M $USDT from Aave.