Lido DAO Shakes Up Governance: Dual Governance Model Greenlit in Landmark Vote
Decentralized finance just got a power upgrade. Lido DAO—the titan behind Ethereum's leading liquid staking protocol—has bulldozed through a historic proposal to implement a dual governance model. Here's why it matters.
Two Chains, One Vision
The new system splits decision-making between stETH holders and LDO token voters, forcing collaboration—or chaos. Think checks-and-balances, but with more gas fees and Twitter drama.
Voters crushed the proposal with a supermajority, proving even DeFi degens crave structure. The move comes as Lido battles competitors racing to dethrone its 32% staking dominance. Because nothing says 'decentralization' like a duopoly of governance tokens.
Finance traditionalists are clutching their pearls. 'This is why we can't have nice things,' muttered one Wall Street analyst before shorting ETH out of spite.