Lido DAO has passed a governance proposal introducing a dual-governance structure, granting stakers the ability to veto or delay decisions made by LDO token holders.

On June 29th, the Ethereum staking protocol Lido DAO approved a governance proposal establishing a dual governance structure. This gives validators (users holding stETH tokens) the ability to delay or veto governance decisions made by LDO token holders. The main voting phase concluded with near-unanimous approval, with 53.6 million LDO tokens in favor, just exceeding the required 50 million LDO threshold by a narrow margin, and only 1.18 LDO tokens against. In the new model, validators can express their dissent by depositing stETH into a custody contract. If the deposits reach 1% of Lido's total staked ETH, the proposal will be delayed for 5 days; if they reach 10%, the proposal will be frozen. The final vote result will be confirmed at 10:00 ET on June 30th, unless significant dissent is observed during the "objection" phase.