Lido proposes up to $1.5M in LDO and 480K USDC for market making
- —Up to 7.5 million LDO (about $1.5 million) from the DAO treasury for market making
- —Up to 480,000 USDC for a fixed service fee over up to 12 months
- —LDO's average daily volume over 90 days was $34 million versus $43.8 million previously
- —Authorization will expire in two years if unused
Why it matters: Falling LDO volumes raise the risk of exchange delistings; the program could support token liquidity, though it is not presented as price support.
Source: PANews