📢 The Lido DAO organization voted to approve the dual governance structure proposal, granting stakeholders veto power
🗳️ According to mansooralrhyb, on June 29, the Lido DAO protocol of the Ethereum platform voted on a dual governance structure proposal, granting stakers 🎯 (users holding stETH tokens) the power to delay or veto governance decisions made by LDO token holders.
✅ The main voting phase ended with an almost unanimous vote:
🔹 53.6 million LDO tokens ✅ in favor of the proposal
🔸 against 1.18 LDO tokens ❌ opposing the proposal
⚖️ Barely exceeding the required threshold of 50 million votes
📊 The new objection mechanism:
🔐 Investors can deposit stETH in an escrow contract to initiate an objection:
🔁 If the deposit reaches 1% of total ETH:
⏳ The proposal is postponed for 5 days
🚫 And if it reaches 10%:
❄️ It is completely frozen
🕙 The final voting results will be confirmed:
📅 June 30
🕒 10:00 AM Eastern Time
⏱️ Unless a widespread objection occurs during the "objection" phase
