<ul data-eligibleForWebStory="true"><li>Lido has approved a new governance model empowering stETH holders.</li><li>The new model allows stETH holders to delay or block proposals by locking tokens in an escrow contract based on the amount deposited.</li><li>The vote for the new model received significant support with over 53 million LDOs voted in favor, just passing the 50 million quorum.</li><li>Ethereum’s Vitalik Buterin supported the governance change, highlighting it as a crucial safeguard against abuse and a step towards strengthening staker rights.</li></ul>

Lido Approves New Governance Model Empowering stETH Holders

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