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DeFi Heavyweight Lido Finance Mulls LDO Staking, Token Buyback

Liquid staking giant Lido Finance is finally looking to shake up its tokenomics. Specifically, as alluded to in a new proposal, members of the community are looking to add a staking feature to LDO. The proposal is still in its very early stages, LDO holders would be able to stake those tokens and begin earning rewards drawn from the protocol’s revenue. Half of that goes to the project’s DAO and the other half goes to various node operators that execute the actual mainnet staking. This new proposal specifies that, if passed, stakers would earn between 20% and 50% of the Lido DAOs revenue. Up to half of that 5% service fee.

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