Lido

Explore Lido (LDO) token rights, holder benefits, governance power, and revenue distribution on DefiLlama.

Lido (LDO) Token Rights & Governance

A LDO buyback program is live with a budget of 10,000 stETH from the DAO Treasury, executed by the Growth Committee. This is outside of and does not change the NEST format. LDO purchased will accrue to the treasury.

Holding LDO is required to vote in the Lido DAO and contribute to decisions on topics such as protocol parameters, incentives, node operators, grants, payments, bug bounties, and fee accumulation. Voting power is proportional to LDO holdings.

LDO is the governance token of Lido DAO, allowing holders to propose and vote on key protocol decisions including upgrades, fee structures, node operators, and treasury allocations, while supporting dual governance with stETH veto rights to encourage alignment in liquid staking operations.