Lido DAO approves proposal to introduce dual governance model
2025-07-01 05:59:29
Main Idea
Lido DAO has approved Dual Governance, a major update that grants stETH holders more control over protocol decisions and introduces mechanisms for opposition and emergency measures.
Key Points
1. Dual Governance was formally approved by Lido DAO on June 30, following a successful vote by LDO token holders.
2. The update allows stETH holders to delay or halt proposals if they disagree, with the delay duration increasing based on the amount of stETH locked in opposition.
3. A 'rage quit' mechanism is triggered if 10% of stETH is locked in protest, completely halting proposal execution.
4. The design includes safety measures like a Reseal Emergency Committee to intervene in case of critical failure.
5. Dual Governance is considered one of the most advanced DAO governance processes for Ethereum staking.
Description
Dual Governance, a major update that will give stETH holders more control over important protocol decisions, has been formally approved by Lido DAO. The decision was confirmed on June 30 post on X by Lido, following a successful vote by holders of Lido DAO ( LDO ) tokens. The new system is set to launch on-chain on July 4. A dynamic timelock mechanism introduced by Dual Governance enables stETH holders to block or delay proposals approved by LDO holders if they disagree. The more stETH that is l...
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