Lido weighs up to $1.5M exchange liquidity support program
- —LDO closed at $0.4011, with a daily range of $0.3927–$0.4175
- —The program would supply up to $1.5M in LDO, capped at 7.5M tokens
- —Costs are capped at 480,000 USDC over up to 12 months
- —Activation is not confirmed; spending will be reported quarterly
Why it matters: The plan aims to protect LDO listings as trading volumes shrink, though some community members question whether the spending delivers value.
Source: TokenPost