What Is the NEST Modular Mechanism?

Lido has proposed the NEST (Modular Surplus Allocation Mechanism) framework to streamline buybacks. This mechanism:

• Enables buybacks by swapping stETH for LDO tokens.
• Directs the repurchased LDO tokens to the DAO Treasury, removing them from circulation.
• Impacts the distribution of governance rights among token holders, making value allocation more transparent and programmatic.

Over the long term, the mechanism is designed to allow stETH investments to be converted into LDO through automated modules and flexible parameters. The current implementation uses Aragon DAO votes to determine stETH amounts, swapping them for LDO via STONKS Cowswap orders approximately every 7,000 blocks (around once per day).

What Is Lido DAO (LDO)?

Lido DAO, launched in 2020, is a platform that enables users to easily create validator nodes across multiple blockchains. Through Lido, participants can stake assets in a liquid format, earning additional passive income on their holdings.

The platform is primarily focused on Ethereum staking. Like other staking systems, it relies on a liquidity and collateral model. Stakers receive tokens that represent their staked assets—for example, stETH when staking Ethereum.

Voting and Future Plans

• The proposal is open for DAO member voting until September 29, 2025.
• Current votes show a majority in favor of approval.
• If approved, the NEST system will launch its first practical version in December 2025.
• Future versions could introduce additional parameters and automated modules to further optimize stETH-to-LDO conversions.

Assessment

Lido DAO’s plan to implement LDO buybacks through a modular framework represents an innovative step in the DeFi ecosystem. The NEST mechanism not only facilitates repurchases but also strengthens governance processes and provides token holders with more transparent value allocation.

The first implementation, scheduled for December 2025, will lay the foundation for more automated and optimized systems in the future. This move highlights Lido’s strategy of efficiently utilizing treasury stETH to enhance LDO’s value and manage buybacks within a programmatic framework.

 In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post Lido DAO Introduces LDO Buyback Mechanism NEST! appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USD pair has lost 2.46% in the last 24 hours and is currently trading at $91,972. If Bitcoin (BTC) loses the $91,200 support, the next support level is at $81,000. On the resistance side, the first key level is at $94,200, followed by $98,200.

Ethereum (ETH): The ETH/USDT pair has dropped 6.71% in the last 24 hours and is currently trading at $2,348. Resistance levels for ETH are at $2,520 and $2,640, while support levels are at $2,280 and $2,150.

Lido DAO (LDO): The LDO/USDT pair has lost 5.68% in the last 24 hours and is currently trading at $1.29. Resistance levels for LDO are at $1.39 and $1.60, while support zones are at $1.27 and $1.19 if the decline deepens.

Litecoin (LTC): The LTC/USDT pair has fallen by 8.92% in the last 24 hours and is currently trading at $116.41. Resistance levels for LTC are at $121 and $130, while support levels are at $115 and $109 if the decline extends further.

Solana (SOL): The SOL/USDT pair has dropped 10.29% in the last 24 hours and is currently trading at $160.44. Resistance levels for SOL are at $178 and $205, while support levels are at $146 and $131 if the downtrend continues.

Trending Coins

Over the past 24 hours, the most trending coins in the crypto market have been Mantra (OM), Lukso (LYX), and Cardano (ADA). The top gainers include Cardano (ADA), Snek (SNEK), and Fartcoin (FARTCOIN). The top losers include Infrared Bera (IBERA), Maker (MKR), and Celestia (TIA).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the most notable liquidation on the upside is at $95,140 with $49.38 million in liquidations. On the downside, the key level is $90,607, with $20.29 million in liquidations.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin and Cryptocurrency Market Update: March 3 appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has lost 0.35% in the last 24 hours and is currently trading at $104,509. The first resistance level for Bitcoin (BTC) is at $106,200, followed by $108,400 if that level is surpassed. The support levels are at $101,800 and $97,800.

Ethereum (ETH): The ETH/USDT pair has lost 0.75% in the last 24 hours and is currently trading at $3,284. The resistance levels for ETH are $3,450 initially, followed by $3,700. The support levels are $3,200 and $3,000.

Filecoin (FIL): The FIL/USDT pair has lost 0.50% in the last 24 hours and is currently trading at $4.98. The resistance levels for FIL are $5.26 and then $5.85. The support areas are $4.92, and if the decline deepens, $4.65.

Ethereum Name Service (ENS): The ENS/USDT pair has lost 1.89% in the last 24 hours and is currently trading at $33.67. The resistance levels for ENS are $36.50 initially, followed by $40.50. The support areas are $33.00, and if the decline deepens, $30.00.

Lido DAO (LDO): The LDO/USDT pair has lost 2.84% in the last 24 hours and is currently trading at $1.95. The resistance levels for LDO are $2.10 and then $2.40. The support areas are $1.70, and if the decline deepens, $1.40.

Trending Coins

In the last 24 hours, the trending coins in the crypto market include MANTRA (OM), Reploy (RAI), and Koma Inu (KOMA). Among the biggest gainers, Tribal Token (TRIBL), Vine (VINE), and Toshi (TOSHI) are leading. On the list of the biggest losers, you can find Popcat (POPCAT), AI Rig Complex (ARC), and Official Trump (TRUMP).

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map for Bitcoin, the most noticeable liquidation on the upper side is at the $106,025 level with $22.51 million. On the lower side, the $103,616 level stands out with $25.13 million in liquidations.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin and Cryptocurrency Market Update: January 25 appeared first on Coin Engineer.

In its report for Q4 2024, Grayscale highlighted 20 altcoins with growth potential, taking into account market trends and key factors specific to each token. The list now includes 6 new altcoins: SUI, TAO, OP, HNT, CELO, and UMA. However, RENDER, MNT, RUNE, PENDLE, ILV, and RAY have been removed from the previous list.

According to Grayscale, the altcoins with high potential for the fourth quarter are as follows:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• Toncoin (TON)
• Chainlink (LINK)
• Near (NEAR)
• Uniswap (UNI)
• Sui (SUI)
• Bittensor (TAO)
• Stacks (STX)
• Aave (AAVE)
• Optimism (OP)
• Arweave (AR)
• Maker (SKY)
• Helium (HNT)
• Lido DAO (LDO)
• Akash Network (AKT)
• Aerodrome (AERO)
• Celo (CELO)
• UMA Protocol (UMA)

Additionally, it was stated, “This quarter, we have removed the following projects from the Top 20: Celo. Grayscale Research continues to value each of these projects, and they remain important elements of the crypto ecosystem. However, we believe the revised Top 20 list may offer more attractive risk-adjusted returns for the upcoming quarter.

Investing in the crypto asset class involves risks, including some unique to the crypto space, such as smart contract vulnerabilities and regulatory uncertainty. Furthermore, all assets in the Top 20 have high volatility and carry high risks, making them unsuitable for all investors. In light of the risks associated with the asset class, any investment in digital assets should be considered within the context of a portfolio and with the investor’s financial goals in mind.”

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Grayscale Reveals 20 Altcoins with Potential for Q4! appeared first on Coin Engineer.

Technical Indicators: Strong Bearish Sentiment

Technical indicators of Lido DAO show a “Strong Sell” attitude; seven indicators point to a sale and only one sits in neutral territory.

• Relative Strength Index (RSI 14): At 37.307, the RSI is below the neutral 50 level, indicating bearish momentum. Though it’s approaching oversold territory, it suggests that LDO has more room to decline before reversing course.
• Stochastic Oscillator (9,6): At 13.807, the Stochastic Oscillator indicates that Lido DAO is deeply oversold, potentially signaling a buying opportunity for traders looking to capitalize on short-term price movements. However, given the overall sentiment, caution is advised.
• Stochastic RSI (14): Similarly, the Stochastic RSI at 23.049 reinforces the oversold condition of LDO, further indicating that the market may be due for a temporary bounce. Still, the bearish momentum may persist.
• MACD (12,26): The MACD at -0.352 gives a clear “Sell” signal, suggesting that the overall trend remains negative, with no immediate signs of recovery. The negative MACD value points to continued downward pressure in the coming days.
• Williams %R: At -89.969, the Williams %R is deeply oversold, indicating that Lido DAO is undervalued in the current market. This suggests the potential for a rebound, though the broader market conditions must improve for this to materialize.
• Average True Range (ATR 14): The ATR of 0.3716 suggests low volatility, indicating that while Lido DAO is in a downtrend, the price movements may not be sharp or erratic, allowing traders to carefully consider their positions.

The majority of these technical indicators point to a strong bearish outlook, with oversold conditions suggesting potential short-term relief but not enough to reverse the broader trend.

Moving Averages: Consistent Bearish Signals

With no purchase signals either short-term or long-term, Lido DAO’s moving averages likewise show a generally bearish trend.

• MA5 and MA10: Both short-term moving averages indicate “Sell” signals, with the 5-day simple moving average (SMA) at 1.0664 and the 10-day SMA at 1.2366, reflecting weak momentum in the near term.
• MA20: The 20-day moving average, both simple and exponential, also signals a “Sell,” with values of 1.6070 and 1.5780, respectively. This suggests that Lido DAO is struggling to maintain any upward momentum over the medium term.
• MA50, MA100, and MA200: Long-term moving averages provide no respite for LDO, with all indicators showing “Sell” signals. The 50-day SMA at 2.1711, 100-day SMA at 2.0226, and 200-day SMA at 1.1618 reflect the sustained bearish pressure on the token, pointing to a lack of long-term support levels.

These moving averages show Lido DAO’s continuous price deterioration, implying that major positive catalysts could be needed to turn the trend in a more advantageous direction.

Market Performance and Financials

Lido DAO stays a major player in the DeFi scene despite the adverse technical signs. With a $933.67 million market capitalization and a 6.69% drop over the previous week, LDO presently ranks #68 among cryptocurrencies according to CoinMarketCap. Driven by perhaps selling pressure, the 24-hour trading volume of $85.87 million has jumped by 62.27%, suggesting more market activity.

With a volume-to-market cap ratio of 9.20%, LDO’s market cap shows that some of it is frequently traded, but the higher trading volume could also point to investors leaving their holdings.

With a total value locked (TVL) of $23.39 billion, Lido DAO’s dominance in the staking and DeFi markets is highlighted. From a basic standpoint, the market cap-to-TVL ratio of 0.0398 indicates, however, that the market cap does not entirely represent the underlying value of the platform, implying that LDO could be underpriced. Still, the bearish technical indications advise prudence in the near run.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Lido DAO (LDO) Weekly Analysis: Strong Bearish Sentiment appeared first on Coin Engineer.

Bitcoin (BTC), driven by expectations of an Ethereum ETF, broke through the $68,000 resistance level. After coming within just 3% of its all-time high (ATH), it faced resistance at $72,000. During the pullback, the price responded at the S&R flip zone between $67,000 and $68,000 and is currently advancing at $68,630. For this region to be considered strong, Bitcoin needs to surpass the $72,000 level. Otherwise, the price may retreat to this zone again and seek to target lower regions to gather liquidity. As long as this area holds, we can expect a new ATH.

This Might Interest You: SEC Approves Spot Ether ETFs Differently from BTC