TLDR Crypto · INNOVATION & LAUNCHES
LIDO DUAL GOVERNANCE LIVE ON MAINNET
Summary from the TLDR Crypto newsletter
Lido DAO launched a dual governance system that grants stETH holders veto rights over protocol decisions. Holders representing at least 1% of total staked ETH can delay proposals for five days by staking stETH into an escrow contract. If dissent reaches 10% of staked ETH, the DAO enters “rage-quit” mode, freezing new proposals until conflicts are resolved. This design introduces an onchain check-and-balance to safeguard liquid stakers against potentially adverse governance actions.