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Lido Moves Toward Shared Governance with stETH Holders

  • Lido is moving towards shared governance with stETH holders through a proposed system called 'Dual Governance.'
  • The Dual Governance system allows stETH holders to delay the execution of DAO proposals they disagree with, with delays dynamically adjusted based on opposition levels.
  • The flexible approach aims to address governance frictions in liquid staking by giving users time to react to proposals, especially important for ETH withdrawal queues.
  • This governance update could redefine user protections and protocol upgrades in DeFi and has already gained early approval, with a final vote set to conclude by June 30.

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