According to CoinMeta, the price of Lido DAO ( LDO ) rebounded by more than 5% on Thursday, at which time holders voted on the automatic buyback system for NEST. According to Crypto.News data, the price of LDO was close to $0.293 at the time of writing, fluctuating between $0.2757 and $0.3048 over the past 24 hours, and ultimately rebounded by about 5.2%. Despite this rebound, LDO still fell by about 16.7% over the past week, performing worse than the overall crypto market's 1.3% increase. LDO rose by about 5.1% in the past 30 days and once rose by about 65% last month. The 24-hour trading volume was approximately $62.2 million, a decrease of 11% from the previous day. The weekly decline of LDO accelerated due to discussions in the Ethereum community regarding the EIP-8361 proposal, which would burn more validator rewards as the proportion of Ethereum pledged increases. If about 50% of Ethereum supply is pledged, the rewards based on issuance could approach zero. Lido DAO launched an on-chain vote for the NEST automatic buyback and liquidity system on August 5th, with the main voting phase concluding at 14:00 UTC on August 8th.