.@LidoFinance is now the first major DeFi protocol to give economic users veto power over tokenholder governance. TLDR; Traditionally, Lido DAO was governed only by $LDO holders. They could vote on and pass proposals that impacted the protocol. But stETH holders, the ones actually staking, had no say. That’s changing now with Dual Governance: - stETH holders can object and delay proposals - The more they object, the longer the delay - Committees handle edge cases It’s a step toward more accountable DeFi governance. This model could become an example for protocols with passive users (like stakers, LPs, or depositors).
Dual Governance: Now On Mainnet Dual Governance is now part of the standard governance process at Lido DAO, giving stakers an explicit voice and the right to safely exit in the face of contentious proposals. Welcome to a new era of governance.
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