<ul><li>Lido Finance's new proposal, LIP-28, introduces a dual governance system giving veto powers to staked-ether (stETH) holders in major protocol decisions.</li><li>The dual governance model balances decentralization and fairness by allowing stETH holders to participate in critical decision-making alongside LDO tokenholders.</li><li>A 'dynamic' timelock contract is proposed to link governance decisions to execution, enabling stETH holders to express opposition by staking tokens into an escrow contract.</li><li>The proposal aims to prevent monopolization, increase transparency, and align all stakeholders' interests in Ethereum's staking ecosystem.</li></ul>

Lido Proposes Bold Dual Governance System for stETH Holders

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