Lido DAO price rebounded more than 5% on Thursday as holders voted on the NEST automated buyback system, although concerns over Ethereum’s proposed staking changes kept LDO under pressure.
Summary
- Lido DAO price rose 5.2% in 24 hours after briefly falling to $0.2757.
- The token remains down 16.7% over seven days but has gained about 5% monthly.
- Lido DAO’s NEST vote runs until Aug. 8 at 2:00 p.m. UTC.
- Ethereum’s proposed EIP-8361 raised concerns about Lido’s future staking revenue.
Lido DAO price rebounds after 16% weekly decline
According to data from crypto.news, Lido DAO (LDO) price traded near $0.293 at the time of writing. The token moved between…
