Lido proposes dual governance upgrade to empower stETH holders in decisions

Lido Proposes A Bold Governance Model To Give StETH Holders A Say In Protocol Decisions - Data Intelligence

Lido Finance, Ethereum’s largest liquid staking platform by locked value, has introduced a proposal that grants staked ether (stETH) holders direct voting power alongside existing DAO tokenholders. The upgrade, dubbed Lido Improvement Proposal (LIP) 28, outlines a dual governance system allowing stETH holders — those who stake ETH via Lido and receive a liquid token in return — to participate in a veto mechanism on key protocol decisions. Curren…

Lido Proposes Dual Governance to Empower stETH Holders in Ethereum Staking

Lido Finance, Ethereums leading liquid staking protocol, has proposed a major governance upgrade that could redefine decision-making in DeFi. The proposal, Lido Improvement Proposal (LIP) 28, introduces a dual governance model allowing stETH holders users who stake ETH via Lido and receive staked ether (stETH) to gain veto power over key protocol decisions, previously reserved solely for LDO tokenholders. The proposed system adds a dynamic timel…

Lido unveils Dual Governance plan to give stETH holders a voice in protocol decisions

The leading Ethereum liquid staking platform, Lido, has released the proposal for its Dual Governance mechanism, which is meant to be the next phase in the evolution of the protocol. Lido DAO contributors published an outline proposal on May 8, describing it as a work that has been years in the making. According to the post announcing the proposal, Dual Governance is a dynamic mechanism that allows staked ETH (stETH) holders on Lido to be involv…

Lido to Launch Dual Governance Mechanism for stETH Holders

Lido announces Dual Governance Mechanism for stETH holders, enhancing protocol flexibility and governance.

Lido proposes dual governance upgrade to empower stETH holders in decisions

The post Lido proposes dual governance upgrade to empower stETH holders in decisions appeared on BitcoinEthereumNews.com. Lido’s governance community is reviewing a new proposal to give staked Ethereum (stETH) holders more influence in protocol decisions. The May 8 proposal, dubbed Lido Improvement Proposal 28 (LIP-28), introduces a Dual Governance framework. Presently, only LDO token holders can vote on changes to the Lido protocol. This gives …