Lido DAO Community has initiated an LDO Automated Buyback Proposal, scheduled to be implemented in Q1 2026
November 11th. In the Lido DAO community, in its latest workstream proposal, it is proposed to achieve automated buyback and liquidity management by deploying an LDO/wstETH position in a Uniswap v2-style liquidity pool. This LP position will be held by an Aragon Agent. If the proposal is passed, it is expected to be implemented in the first quarter of 2026.
The new mechanism aims to trigger buybacks when the ETH price is high and the protocol's annualized revenue exceeds a set threshold. By doing so, it can expand on-chain depth, reduce the circulating supply of LDO, and thereby improve capital efficiency and the long-term token value.
9 minutes ago
Wintermute: The cryptocurrency asset is either at a bottoming out stage or transitioning upwards, with significant emotional recovery.
November 11th. Wintermute issued a Cryptocurrency Market Brief indicating that the market sentiment has become better and the risk appetite has increased. Bitcoin (BTC) is still fluctuating within the range of $105,000 to $107,000, demonstrating resilience. Nevertheless, in order to drive the altcoin market and spread the momentum, BTC may need to get closer to its all-time high. In the short term, U.S. regulatory and political news will become new volatility drivers.
This week, compared to last month, the market sentiment has significantly improved. As the dust from October's sell-off settles, investors are realigning their positions in selective risk assets. Trump's proposed "$2,000 tariff rebate" briefly lifted the risk sentiment, while the easing of the U.S. government shutdown and the weakening of macro data also provided support to the market. However, capital inflows remain limited, and cryptocurrency assets still remain the weakest-performing asset class.
By segment, sectors
9 minutes ago
Despite record-high unemployment rates, the Bank of England Governor still supports keeping the interest rate unchanged.
On November 11th, a member of the Bank of England's MPC, Greene, has signaled that she remains in favor of keeping the interest rate unchanged. Despite Tuesday's data indicating that the UK's unemployment rate has risen to its highest level since the start of the pandemic.
Greene stated that she believes the most difficult period for the labor market has passed and cautioned that businesses are forecasting higher wage growth. Her comments came just a few hours before official data showed that the unemployment rate rose to 5% in the three months to September, which is higher than the economists' expected 4.9% and reached its highest level since the beginning of 2021. Traders responded to this by increasing their bets on a rate cut by the Bank of England. Currently, the market is pricing in a probability of over 80% for a rate cut in December.
Greene is one of the more hawkish members of the nine-person Monetary Policy Committee. Last week, she supported the majority decision to keep r
9 minutes ago
RaveDAO Genesis Member Token Minting Officially Commences
On November 11th at 11:11 AM (UTC), the RaveDAO Genesis Membership NFT officially started minting on Base and BNB Chain. The platform and technical support was provided by RaveDAO's official ticketing partner, PLVR. This event will last until November 15th at 11:11 AM (UTC).
As the world's first on-chain membership system for the entertainment culture network, the RaveDAO Genesis Membership offers users a new way to participate. By minting the membership card, users can obtain RAVE points (which can be exchanged for $RAVE in the future) and automatically participate in the Genesis Rewards global lottery program. Prizes include RAVE airdrop rewards, a Tomorrowland double VIP ticket package (worth $5,000), and a RaveDAO lifetime VIP pass, etc.
This issuance provides four membership levels, each representing a higher status and benefits:
1. Emerald Pass: Free admission ticket, connected to the global community and participating in the lottery.
2. Gold Pass: An additional 50 RAVE points
9 minutes ago
Mainstream Perp DEX Overview: Aster's 24h Trading Volume Halved, Lighter Leads with $10.6 Billion in Volume
On November 11th, according to Defilama data, in the mainstream Perp DEX's nearly 24-hour trading volume, Lighter witnessed a notable increase in trading volume and surpassed Aster to claim the top position. Aster saw its nearly 24-hour trading volume almost halve, decreasing from yesterday's $11.94 billion to $5.7 billion. The current partial Perp DEX trading volume is as follows:
The 24-hour trading volume of Lighter is approximately $10.69 billion, with a TVL of around $1.152 billion;
The 24-hour trading volume of Hyperliquid is approximately $8.71 billion, with a TVL of around $4.799 billion;
The 24-hour trading volume of EdgeX is approximately $5.82 billion, with a TVL of around $0.491 billion;
The 24-hour trading volume of Aster (with the link https://www.asterdex.com/en-US/referral/aboter) is approximately $5.7 billion, with a TVL of around $1.469 billion;
The 24-hour trading volume of ApeX is approximately $2.68 billion, with a TVL of around $50.82 million;
The 24-hour tr
9 minutes ago