BlockBeats News, on June 29th, the Ethereum staking protocol Lido DAO passed a governance proposal introducing a dual governance structure, granting validators (users holding stETH tokens) the power to delay or veto governance decisions made by LDO token holders. The main voting phase ended with nearly unanimous approval, with 53.6 million LDO tokens in favor, narrowly surpassing the required 50 million LDO threshold, with only 1.18 LDO tokens against.
In the new model, validators can express dissent by depositing stETH into a custody contract. If the deposits reach 1% of Lido's total staked ETH, the proposal will be delayed by 5 days; if they reach 10%, the proposal will be frozen. The final vote result will be confirmed on June 30th at 10:00 ET, unless significant dissent is seen during the "objection" phase.
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