The LDO holdings have been used to execute the wNXM buyback!
After members voted to approve the Snapshot proposal, the LDO holdings in the Nexus Treasury were used to buyback wNXM below book value.
Total LDO sold: 107,367.47
Total wNXM acquired: 8,494.231
Book value of acquired wNXM: 192.71 ETH
Thanks to @vincentj for starting this discussion and working to turn this proposal into reality! Appreciate all of your contributions, Vincent
The GAL holdings will be used to buyback wNXM as well. Once execution has been sorted, I’ll post an update.