Lido plans to pre authorize $1.5 million LDO and $480000 USDC market making budget

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The Lido Governance Forum proposes to authorize a market making program that will provide up to $1.5 million worth of LDO and $480000 worth of USDC from the Lido DAO Treasury to address liquidity shortages and delisting risks on centralized exchanges. This plan will only be initiated when the Lido Growth Committee determines insufficient liquidity, and will expire if not activated within two years. The average daily trading volume of LDO in the past 90 days was approximately 34 million US dollars.

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