Lido's NEST Automated LDO Buyback goes live on mainnet

The on-chain vote for NEST — Lido's automated LDO buyback mechanism — was held Aug 5–8, and the mechanism is now live on mainnet. NEST is an automated, rule-based mechanism that creates an on-chain link between Lido protocol performance and LDO, with its design and parameters approved via a Snapshot vote in May.

• Supports regular LDO buybacks funded by protocol performance
• Announced via on-chain vote and mainnet activation by Lido contributors